Commitment and Contingencies (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Lease, Cost

Supplemental lease expense related to leases for the years ended December 31, 2023 and 2022 was as follows (in thousands):

	Years Ended December 31,
	2023		2022
Operating lease cost	$	1,037	$	1,037
Finance lease cost
Amortization of finance leases	35		4
Interest on finance lease liabilities	12		2
Variable lease cost	178		196
Short-term lease cost	80		74
Total lease cost	$	1,342	$	1,313

Supplemental lease expense related to leases for the three and nine months ended September 30, 2024 and 2023 was as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Operating lease cost	$	508	$	259	$	1,553	$	777
Finance lease cost
Amortization of finance leases	12		10		39		24
Interest on finance lease liabilities	3		3		9		9
Variable lease cost	364		19		978		129
Short-term lease cost	18		21		53		63
Total lease cost	$	905	$	312	$	2,632	$	1,002

Lessee, Operating Lease, Liability, to be Paid, Maturity

The following table summarizes the maturity of the Company’s operating and finance lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating and finance lease liabilities recognized on the Company’s consolidated balance sheet as of December 31, 2023 (in thousands):

Maturity of operating lease liabilities
2024	$	3,862
2025	3,964
2026	3,672
2027	3,235
2028	3,294
2029	616
Total lease payments	$	18,643
Less: interest	(3,782)
Total operating lease liabilities	$	14,861

The following table summarizes the maturity of the Company’s operating and finance lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating and finance lease liabilities recognized on the Company’s condensed consolidated balance sheet as of September 30, 2024 (in thousands):

Maturity of operating lease liabilities
2024 (remaining)	$	982
2025	3,987
2026	3,695
2027	3,239
2028	3,294
2029	613
Total lease payments	$	15,810
Less: interest	(2,784)
Total operating lease liabilities	$	13,026

Finance Lease, Liability, to be Paid, Maturity

Maturity of finance lease liabilities
2024	$	51
2025	50
2026	15
2027	6
2028	1
Total lease payments	$	123
Less: interest	(16)
Total finance lease liabilities	$	107

Maturity of finance lease liabilities
2024 (remaining)	$	15
2025	60
2026	21
2027	6
Total lease payments	$	102
Less: interest	(9)
Total finance lease liabilities	$	93

Assets And Liabilities, Lessee

Supplemental balance sheet information related to leases as of December 31, 2023 and 2022 was as follows (in thousands):

Leases	December 31,
	2023		2022
Operating right-of-use assets	$	3,681	$	4,344
Operating current lease liabilities	2,559		678
Operating noncurrent lease liabilities	12,302		3,921
Total operating lease liabilities	$	14,861	$	4,599
Finance right-of-use assets	$	98	$	87
Finance current lease liabilities	42		24
Finance noncurrent lease liabilities	65		66
Total finance lease liabilities	$	107	$	90

Other information	December 31,
	2023			2022
Cash paid for amounts included in measurement of operating lease liabilities (in thousands)	$	1,051		$	1039
Cash paid for amounts included in measurement of finance lease liabilities (in thousands)	$	42		$	3
Weighted-average remaining lease term - operating leases (in years)	4.88			5.72
Weighted-average remaining lease term - finance lease (in years)	2.53			3.47
Weighted-average discount rate - operating leases	9.72		%	8.86		%
Weighted-average discount rate - finance lease	11.49		%	11.45		%

Supplemental balance sheet information related to leases as of September 30, 2024 was as follows (in thousands):

Leases
Operating right-of-use assets	$	3,193
Operating lease liabilities, current	2,856
Operating lease liabilities, non-current	10,170
Total operating lease liabilities	$	13,026
Finance right-of-use assets	$	84
Finance lease liabilities, current	54
Finance lease liabilities, non-current	39
Total finance lease liabilities	$	93

Other information
Cash paid for amounts included in measurement of operating lease liabilities (in thousands)	$	2,899
Cash paid for amounts included in measurement of finance lease liabilities (in thousands)	$	45
Weighted-average remaining lease term - operating leases (in years)	4.18
Weighted-average remaining lease term - finance lease (in years)	1.87
Weighted-average discount rate - operating leases	9.73		%
Weighted-average discount rate - finance lease	11.05		%

Contractual Obligation, Fiscal Year Maturity

The following table summarizes the maturity of the Company’s lease CVR as of December 31, 2023 (in thousands):

Maturity of Lease CVR
2024	$	281
2025	598
2026	408
Total lease CVR payments	$	1,287