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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Lessor, Operating Lease
The following table summarizes the balance sheet classification of the operating lease asset and related lease liabilities as of December 31, 2023 for the Shelton Lease and as of December 31, 2022 for the Westport Lease (in thousands):
December 31,
2023
December 31,
2022
Right-of-use asset, net$147 $139 
Lease liability, current portion20 143 
Lease liability, net of current portion138 — 
$158 $143 
Lessee, Operating Lease, Disclosure
The following variables were used to determine the right-of-use asset and the operating lease liabilities at December 31, 2022 and 2021:
December 31,
2023
December 31,
2022
Weighted average remaining lease term5.2 years0.75 years
Weighted average operating lease discount rate6.4 %3.9 %
Schedule of Future Minimum Lease Payments, Maturity
Future minimum lease payments under the lease agreement as of December 31, 2023 were as follows (in thousands):
Year ended
2024$29 
202536 
202637 
202739 
2028 and thereafter46 
Total lease payments$187 
Less: Amounts representing interest(29)
Present value of lease liabilities$158