Commitments and Contingent Liabilities (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Components of Lease Expense

Components of the lease expense for the three and six months ended June 30, 2024 and 2023, were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Operating lease cost	$	854	$	606	$	1,543	$	1,215
Finance lease cost:
Amortization of right-of-use assets		237		201		475		386
Interest on lease liabilities		38		47		82		90
Short-term lease cost		—		—		—		1
Variable lease cost		262		246		553		484
Total lease expense	$	1,391	$	1,100	$	2,653	$	2,176

Schedule of Supplemental Cash Flow Information Related to Lease

Supplemental cash flow information related to leases was as follows for the three and six months ended June 30, 2024 and 2023 (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 lease liabilities:
Operating cash flows from operating leases	$	809	$	602	$	1,433	$	1,167
Operating cash flows from finance leases		40		47		82		90
Financing cash flows from finance leases		245		187		467		357
Right-of-use assets obtained in exchange for lease    obligations upon inception of lease (noncash):
Operating leases		—		—		2,518		—
Finance leases		—		386		—		744

Schedule by Year of Future Payments of Lease Liabilities

The following is a schedule by year of future payments of the Company’s lease liabilities as of June 30, 2024 (in thousands):

	Operating Leases			Finance Leases
2024 (remainder of the year)	$	1,620		$	548
2025		3,563			828
2026		4,046			147
2027		446			—
Total lease payments		9,675			1,523
Less interest		(1,086	)		(113	)
Total lease liability balance		8,589			1,410
Less: current portion		(2,867	)		(1,003	)
Non-current lease liabilities	$	5,722		$	407