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LEASES (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Lease, Cost
The following table summarizes quantitative information about the Company’s leases (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Finance lease
Interest lease cost$— $— $$— 
Finance lease expense— — — 
Operating leases
Operating lease cost37 40 74 80 
Variable lease cost— — 
Less: sublease income— (4)— (7)
Operating lease expense38 36 76 73 
Short-term lease rent expense18 36 
Total rent expense$56 $37 $118 $75 
Supplemental information related to leases was as follows (dollar amounts in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Finance cash flows from finance leases$— $— $739 $— 
Operating cash flows from finance lease$— $— $23 $— 
Operating cash flows from operating leases$38 $40 $68 $80 
Weighted-average remaining lease term – finance leases (in years)3.3— 3.3— 
Weighted-average remaining lease term – operating leases (in years)2.50.22.50.2
Weighted-average discount rate – operating leases9.7 %10.0 %9.7 %10.0 %
Schedule of Lessee, Operating Lease, Liability, Maturity
As of June 30, 2024, the present value of maturities of the Company’s operating lease liabilities were as follows (in thousands):
Six months ended December 31, 2024$75 
Year ended December 31, 2025155 
Year ended December 31, 2026158 
Total388 
Less: present value discount(44)
Operating lease liability$344