Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Cost Components of Operating Lease

The cost components of the operating leases were as follows for the three and nine months ended September 30, 2024 and 2023:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Lease Cost
Operating lease expense	$	411		$	412		$	1,234		$	1,235
Variable lease expense(1)		206			198			619			593
Lease Term and Discount Rate
Weighted average remaining lease term (years)		6.66			7.52			6.66			7.52
Weighted average discount rate		3.84	%		3.89	%		3.84	%		3.89	%

(1)Variable lease costs are payments that vary because of changes in facts or circumstances and include common area maintenance and property taxes related to the premises. Variable lease costs are excluded from the calculation of minimum lease payments.

Future Minimum Lease Payments

Future minimum lease payments as of September 30, 2024 were as follows:

Year ending December 31:
2024	$	430
2025		1,747
2026		1,815
2027		1,802
2028		1,103
2029 and thereafter		4,195
Total future minimum lease payments	$	11,092
Less: imputed interest		(1,306	)
Present value of lease liabilities	$	9,786