Leases, Right-of-Use Assets and Related Liabilities (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Lease, Cost

The following tables present the (i) other quantitative information and (ii) future minimum payments under non-cancelable financing and operating leases as they relate to the Company’s leases (in thousands, except for weighted averages):

	Six Months Ended June 30,
	2023			2022
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$	22		$	20
Operating cash flows from operating leases	$	41		$	408
Finance cash flows from finance leases	$	2		$	2
Weighted-average remaining lease term, finance lease (months)		312			311
Weighted-average remaining lease term, operating leases (months)		58			63
Weighted-average discount rate - finance leases (1)		12	%		12	%
Weighted-average discount rate - operating leases (1)		5	%		5	%

(1) Our leases do not provide an implicit interest rate; we calculate the lease liability at lease commencement as the present value of unpaid lease payments using our estimated incremental borrowing rate. The incremental borrowing rate represents the rate of interest that we would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term and is determined using a portfolio approach based on information available at the commencement date of the lease.

Operating Lease, Liability, Fiscal Year Maturity

Year Ending December 31,	Operating Leases		Finance Leases
2023 (remaining)	$	380	$	26
2024		306		27
2025		315		25
2026		325		25
2027		335		26
2028 and thereafter		344		548
Total		2,005		677
Less: amounts representing present value discounts		244		457
Total lease liabilities		1,761		220
Less: current portion		454		27
Non-current portion	$	1,307	$	193

Finance Lease, Liability, Fiscal Year Maturity

Year Ending December 31,	Operating Leases		Finance Leases
2023 (remaining)	$	380	$	26
2024		306		27
2025		315		25
2026		325		25
2027		335		26
2028 and thereafter		344		548
Total		2,005		677
Less: amounts representing present value discounts		244		457
Total lease liabilities		1,761		220
Less: current portion		454		27
Non-current portion	$	1,307	$	193