XML 41 R34.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense are as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Operating lease costs

 

$

314

 

 

$

283

 

 

$

648

 

 

$

477

 

Variable lease costs

 

 

148

 

 

 

73

 

 

 

240

 

 

 

135

 

Total lease cost

 

$

462

 

 

$

356

 

 

$

888

 

 

$

612

 

Schedule of Other Information

Other information related to leases was as follows:

 

 

 

Six Months Ended June 30,

 

Supplemental Cash Flows Information (in thousands)

 

2024

 

 

2023

 

Operating lease right of use assets obtained in exchange for operating lease liabilities

 

$

126

 

 

$

1,973

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

686

 

 

$

399

 

 

 

 

 

June 30, 2024

 

 

December 31, 2023

 

Weighted average remaining lease term (years)

 

 

2.7

 

 

 

2.9

 

Weighted average discount rate

 

 

4.9

%

 

 

8.5

%

Schedule of Future Maturities of Lease Liabilities

Future maturities of lease liabilities were as follows as of June 30, 2024:

 

(in thousands)

 

Operating Leases

 

Remainder of 2024

 

$

676

 

2025

 

 

611

 

2026

 

 

450

 

2027

 

 

343

 

2028

 

 

133

 

Thereafter

 

 

6

 

Total future minimum lease payments

 

$

2,219

 

Less: imputed interest

 

 

150

 

Present value of lease liabilities

 

$

2,069