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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Consolidated Balance Sheets and Statements of Cash Flows related to Leases

Supplemental information on the Company’s consolidated balance sheet and statements of cash flows as of December 31, 2022 related to leases was as follows (in thousands):

 

 

 

December 31,

 

 

 

2022

 

Balance sheet

 

 

 

Operating lease right-of-use assets

 

$

1,065

 

 

 

 

 

Operating lease liability, current portion

 

$

1,006

 

Operating lease liability, less current portion

 

 

59

 

Total operating lease liability

 

$

1,065

 

 

 

 

December 31,

 

 

 

2022

 

Cash flows

 

 

 

Cash paid for amounts included in lease liabilities:

 

 

 

Operating cash flows used for operating leases

 

$

832

 

 

 

 

December 31,

 

 

 

2022

 

Weighted-average remaining lease term

 

1.1 years

 

Weighted-average discount rate

 

 

7.0

%

Summary of Future Minimum Operating Lease Payments

As of December 31, 2022, minimum annual rental payments under the Company’s operating lease agreements are as follows (in thousands):

 

Year ending December 31,

 

 

 

2023

 

$

1,044

 

2024

 

 

59

 

Total undiscounted future minimum lease payments

 

$

1,103

 

Less: Imputed interest

 

 

(38

)

Total operating lease liability

 

$

1,065

 

Less: Operating lease liability, current portion

 

 

1,006

 

Operating lease liability, less current portion

 

$

59