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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense during the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Operating lease cost:

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

$

77

 

 

$

78

 

 

$

154

 

 

$

159

 

Variable lease cost

 

4

 

 

 

 

 

 

8

 

 

 

 

Short-term lease cost

 

59

 

 

 

11

 

 

 

93

 

 

 

21

 

Total operating lease cost

$

140

 

 

$

89

 

 

$

255

 

 

$

180

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Supplemental Cash Flow Information Related To Leases

Supplemental cash flow information related to leases was as follows (in thousands):

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Six Months Ended June 30,

 

 

2024

 

 

2023

 

Operating cash flows from operating leases

$

121

 

 

$

119

 

 

 

 

 

 

 

Reconciliation of Undiscounted Future Minimum Lease Payments Remaining under Operating Lease

The following is a schedule by year of future maturities of the Company's operating lease liabilities as of June 30, 2024 with the new office lease included as other lease commitments (in thousands):

 

 

Operating lease liabilities

 

Other lease commitments

 

Total lease obligations

 

2024 (remainder of the year)

$

134

 

$

 

$

134

 

2025

 

175

 

 

408

 

 

583

 

2026

 

 

 

751

 

 

751

 

2027

 

 

 

861

 

 

861

 

2028

 

 

 

942

 

 

942

 

Thereafter

 

 

 

665

 

 

665

 

Total lease payments

 

309

 

 

3,627

 

 

3,936

 

Less interest

 

(13

)

 

 

 

(13

)

Total

$

296

 

$

3,627

 

$

3,923