Leases (Tables)

6 Months Ended

Jun. 30, 2024

Lessee Disclosure [Abstract]

Components of Lease Expense

The components of lease expense included in the Company’s statements of operations and loss include (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Operating lease expense	$	261	$	261	$	521	$	521
Variable lease expense		211		107		371		254
Total lease expense, net	$	472	$	368	$	892	$	775

Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate

The weighted average remaining lease term and weighted average discount rate for operating leases were as follows:

	As of June 30,
	2024			2023
Weighted average remaining lease term (in years)		1.00			2.00
Weighted average discount rate percentage		3.50	%		3.50	%

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases under which the Company is the lessee was as follows (amounts in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Cash paid for amounts included in the measurement of operating leases	$	279	$	407	$	836	$	814

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of June 30, 2024 were as follows (in thousands):

	Operating lease
Six months ending December 31, 2024		849
2025		845
Thereafter		—
Total future lease payments		1,694
Less: imputed interest		(32	)
Total operating lease liabilities	$	1,662