Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Summary of Right of Use Assets and Lease Liabilities Related to Operating Leases

The right-of-use assets and lease liabilities related to operating leases were as follows (in thousands):

	June 30,		December 31,
	2024		2023
Right-of-use assets	$	739	$	1,045
Lease liabilities - Current	$	433	$	497
Lease liabilities - Non-Current		346		531
Total lease liabilities	$	779	$	1,028

Schedule of Lease Costs and Weighted-Average Assumptions Used in Determining its Right-of-Use Assets and Lease Liabilities

The following tables summarize the Company’s lease costs and weighted-average assumptions used in determining its right-of-use assets and lease liabilities (in thousands):

	Six Months Ended			Six Months Ended
	June 30, 2024			June 30, 2023
Operating lease cost	$	393		$	380
Cash paid for operating leases	$	336		$	385
Right-of-use assets obtained in exchange for operating lease liabilities (1)	$	58		$	26
Weighted average remaining term for operating leases	1.73 years			0.92 years
Weighted average discount rate for operating leases		8.2	%		5.8	%

(1) During the six months ended June 30, 2024, the Company extended the term of its lease in Taiwan; the Taiwan lease was treated as a modification but not as a separate contract, as no additional right-of-use was granted. The Taiwan lease modification was accounted for as a non-cash change in existing lease liabilities and the right-of-use assets.

Schedule of Aggregate Future Minimum Lease Payments Under Non-cancelable Operating Leases

As of June 30, 2024, the aggregate future minimum lease payments under non-cancelable operating leases consist of the following (in thousands):

Year Ending December 31,	Amount
2024 (remaining six months)	$	276
2025		417
2026		157
Total		850
Less effects of discounting		(71	)
Total lease liabilities	$	779