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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Supplemental Cash Flow Information Relating to Leases

The following table summarizes supplemental cash flow information for the six months ended June 30, 2024 and 2023 (in thousands):

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

Cash paid for amounts included in measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

1,024

 

 

$

875

 

Summarizes of Future Minimum Lease Payments

The following table summarizes the Company’s future minimum lease payments as of June 30, 2024 (in thousands):

 

 

June 30, 2024

 

Remainder of 2024

 

$

714

 

2025

 

 

1,461

 

2026

 

 

871

 

Total future minimum lease payments

 

 

3,046

 

Less: imputed interest

 

 

(312

)

Total lease liabilities at present value

 

$

2,734

 

Summarizes Lease Term and Discount Rate

The following table summarizes the weighted-average remaining lease term and discount rate as of June 30, 2024 and December 31, 2023:

 

 

June 30, 2024

 

 

December 31, 2023

 

Weighted-average remaining lease term (in years)

 

 

2.1

 

 

 

2.4

 

Weighted-average discount rate

 

 

11.0

%

 

 

10.9

%