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Operating Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Information Related to Leases
The following table summarizes information related to the Company’s leases (in thousands):
September 30, 2024December 31, 2023
Assets:
Operating lease right-of-use assets$886 $1,169 
Liabilities:
Operating lease liabilities, current$322 $434 
Operating lease liabilities, non-current624 833 
Total operating lease liabilities$946 $1,267 
Schedule of Rent Expense Related to Leases
Rent expense for the three and nine months ended September 30, 2024 and 2023 is presented on the following table (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Operating leases rent expense$115 $115 $345 $346 
Cash paid for leases and included in operating cash flows for the nine months ended September 30, 2024 and 2023 is presented on the following table (in thousands):
Nine Months Ended September 30,
20242023
Cash paid included in operating cash flows$383 $375 
Schedule of Future Minimum Lease Payments Required under Operating Leases
The future minimum lease payments required under the operating leases as of September 30, 2024, are summarized below (in thousands):
Future Minimum Lease Payments:
2024$130 
2025320 
2026231 
2027280 
2028109 
Total minimum lease payments$1,070 
Less: amount representing interest(124)
Present value of operating lease liabilities$946 
Less: operating lease liabilities, current(322)
Operating lease liabilities, non-current$624 
Remaining lease term (in years)3.33
Incremental borrowing rate7.62 %