Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Lease Cost

The following table summarizes the lease costs recognized under ASC 842 and other information pertaining to the Company’s operating leases for the three and nine months ended September 30, 2024 and 2023 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Operating lease cost	$	673	$	696	$	1,994	$	2,088
Variable lease cost		212		243		608		729
Total lease cost	$	885	$	939	$	2,602	$	2,817

Schedule of Supplemental Information Related to Remaining Lease Term and Discount Rate

Supplemental information related to the remaining lease term and discount rate are as follows:

	September 30, 2024			December 31, 2023
Weighted average remaining lease term (in years) – Finance leases		2.13			2.88
Weighted average remaining lease term (in years) – Operating leases		10.16			10.75
Weighted average discount rate – Finance leases		10.53	%		10.52	%
Weighted average discount rate – Operating leases		7.83	%		7.80	%

Schedule of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases are as follows (in thousands):

	For the Nine Months Ended September 30,
	2024		2023
Operating cash flows for operating leases	$	2,102	$	2,109

Schedule of Future Minimum Commitments Under Company's Operating and Finance Leases

As of September 30, 2024, future minimum commitments under ASC 842 under the Company’s operating and finance leases were as follows (in thousands):

Year Ending December 31,	Operating			Finance
2024	$	1,394		$	114
2025		2,910			454
2026		2,485			399
2027		2,577			—
2028		2,673			—
Thereafter		17,045			—
Total lease payments		29,084			967
Less: imputed interest		(9,899	)		(105	)
Total lease liabilities	$	19,185		$	862
Lease liabilities, current		1,434			381
Lease liabilities, non-current		17,751			481
Total lease liabilities	$	19,185		$	862