Lease Commitments (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Summary of Supplemental Balance Sheet Information Related to the Operating Leases

The following table summarizes supplemental balance sheet information related to the operating leases (in thousands):

	March 31,		December 31,
	2023		2022
Assets:
Operating lease right-of-use assets	$	2,088	$	2,287
Total right-of-use assets		2,088		2,287
Liabilities:
Operating lease liabilities, current		712		708
Operating lease liabilities, non-current		945		1,098
Total operating lease liabilities	$	1,657	$	1,806

Summary of Future Minimum Lease Payments Under Operating Leases

As of March 31, 2023, the future minimum annual lease payments under the operating leases were as follows (in thousands):

2023		552
2024		753
2025		513
Total minimum lease payments		1,818
Less: amount representing interest		(161	)
Present value of operating lease liabilities		1,657
Less: operating lease liabilities, current		(712	)
Operating lease liabilities	$	945
Weighted-average remaining lease term (in years)		2.3
Weighted-average incremental borrowing rate		8.20	%