Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases

Supplemental balance sheet information

Supplemental balance sheet information related to leases was as follows (in thousands):

		September 30, 2024		December 31, 2023
Operating leases:
Operating lease right-of-use assets	$	2,388	$	1,564
Operating lease liabilities, current portion	$	257	$	310
Operating lease liabilities, net of current portion		2,464		1,340
Total operating lease liabilities	$	2,721	$	1,650

Schedule of other information related to the operating lease

	September 30, 2024	December 31, 2023
Weighted-average remaining lease term (in years)	4.16	4.81
Weighted-average discount rate	9.0%	8.3%

Supplemental cash flow information

Supplemental cash flow information related to the Company’s operating leases was as follows (in thousands):

	Nine Months Ended September 30,
	2024		2023
Cash paid for operating lease liabilities	$	301	$	184

Schedule of future minimum lease payments under operating lease

The Company’s future minimum lease payments were as follows as of September 30, 2024 (in thousands):

Years ending December 31,	Amount
2024 (represents remaining three months in 2024)	$	180
2025		881
2026		841
2027		862
2028 and thereafter		958
Total lease payments		3,722
Less: Imputed interest		(633)
Less: Tenant improvement allowance not yet received		(368)
Present value of operating lease liabilities	$	2,721