XML 94 R43.htm IDEA: XBRL DOCUMENT v3.23.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Operating and Finance Leases Presented in Balance Sheet
The following table summarizes the Company’s recognition of its operating and finance leases (in thousands):
 
         
December 31,
 
    
Classification
  
2022
    
2021
 
Assets
        
Operating
   Operating lease
right-of-use
assets
   $ 3,430      $ 3,806  
Finance
   Other
non-current
assets
     597        798  
     
 
 
    
 
 
 
Total leased assets
     4,027        4,604  
     
 
 
    
 
 
 
Leases
        
Current
        
Operating
   Operating lease liabilities      625        436  
Finance
   Accrued and other current liabilities      16        418  
Non-current
        
Operating
  
Non-current
operating lease liabilities
     4,004        4,608  
Finance
   Other
non-current
liabilities
     —          16  
     
 
 
    
 
 
 
Total lease liabilities
   $ 4,645      $ 5,478  
     
 
 
    
 
 
 
Summary of Weighted Average Remaining Lease Term and Discount Rates For Company's Operating and Finance Leases
The following table summarizes the weighted-average remaining lease term and discount rates for the Company’s operating and finance leases:
 
    
December 31,
 
    
2022
   
2021
 
Lease term (years)
    
Operating leases
     5.3       6.3  
Finance leases
     0.6       0.5  
Discount rate
    
Operating leases
     10.6     10.7
Finance leases
     10.2     6.7
Summary of Lease Cost
The following table summarizes the lease costs pertaining to the Company’s operating leases (in thousands):
 
    
Year Ended December 31,
 
    
2022
    
2021
    
2020
 
Operating lease cost
   $ 910      $ 991      $ 1,258  
Variable lease cost
     472        519        665  
  
 
 
    
 
 
    
 
 
 
Total lease cost
   $ 1,382      $ 1,510      $ 1,923  
  
 
 
    
 
 
    
 
 
 
Schedule of Maturities of Operating and Finance Lease Liabilities
The maturities of the Company’s operating and finance lease liabilities as of December 31, 2022 were as follows (in thousands):
 
    
Operating

Leases
    
Finance

Leases
 
2023
   $ 1,078      $ 16  
2024
     1,103        —    
2025
     1,129        —    
2026
     1,163        —    
2027
     1,198        —    
Thereafter
     403        —    
  
 
 
    
 
 
 
Total lease payments
     6,074        16  
Less:
     
Imputed interest
     (1,445      —    
  
 
 
    
 
 
 
Total
   $ 4,629      $ 16