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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases as follows (in thousands except lease terms and discount rates):

 

 

 

March 31, 2024

 

 

December 31, 2023

 

Assets:

 

 

 

 

 

 

Operating lease right of use asset, net

 

$

576

 

 

$

385

 

Liabilities:

 

 

 

 

 

 

Short-term operating lease liability

 

 

93

 

 

 

64

 

Long-term operating lease liability

 

 

480

 

 

 

321

 

Total lease liabilities

 

$

573

 

 

$

385

 

 

 

 

 

 

 

 

Other information:

 

 

 

 

 

 

Weighted average remaining lease term

 

5.5 years

 

 

5.4 years

 

Weighted average discount rate

 

 

9.13

%

 

 

7.95

%

Schedule of Future Minimum Lease Payments Under Lease Agreements

Future minimum lease payments under lease agreements as of March 31, 2024, were as follows (in thousands):

 

Fiscal Year

 

 

 

2024 (remainder of the year)

 

$

105

 

2025

 

 

139

 

2026

 

 

136

 

2027

 

 

130

 

2028 and thereafter

 

 

216

 

Total lease payments

 

 

726

 

Less: imputed interest

 

 

(153

)

Total remaining lease liability

 

$

573