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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense for the year ended December 31, 2023 and 2022 were as follows:

 

 

Year ended December 31,

 

 

 

2023

 

 

2022

 

Operating lease cost

 

$

1,007

 

 

$

989

 

Short term lease cost

 

$

523

 

 

$

207

 

Variable lease cost

 

$

 

 

$

 

Summary of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases for the year ended December 31, 2023 and 2022 were as follows:

 

 

Year ended December 31,

 

 

 

2023

 

 

2022

 

Operating cash flows used for operating leases

 

$

1,484

 

 

$

1,382

 

Right-of-use assets obtained in exchange for new operating lease obligations

 

$

359

 

 

$

214

 

 

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to the Company’s operating leases as of December 31, 2023 and 2022 were as follows:

 

 

Year ended December 31,

 

 

 

2023

 

 

2022

 

Weighted average remaining lease term (years)

 

 

4.50

 

 

 

5.59

 

Weighted average discount rate (%)

 

 

3.34

%

 

 

3.25

%

 

Summary of Future Minimum Lease Payments

Approximate future minimum lease payments for the Company’s operating leases are as follows as of December 31, 2023:

 

 

December 31, 2023

 

2024

 

$

1,613

 

2025

 

 

1,624

 

2026

 

 

1,431

 

2027

 

 

1,364

 

2028

 

 

1,023

 

Thereafter

 

 

 

Total operating lease payments

 

 

7,055

 

Less: Imputed interest

 

 

(493

)

Total operating lease liabilities

 

$

6,562