Commitments and Contingent Liabilities (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Components of Lease Expense

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Operating lease cost	$	854	$	602	$	2,398	$	1,821
Finance lease cost:
Amortization of right-of-use assets		237		216		712		607
Interest on lease liabilities		33		49		115		140
Short-term lease cost		—		—		—		1
Variable lease cost		262		246		814		730
Total lease expense	$	1,386	$	1,113	$	4,039	$	3,299

Schedule of Supplemental Cash Flow Information Related to Lease

Supplemental cash flow information related to leases was as follows for the three and nine months ended September 30, 2024 and 2023 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Cash paid for amounts included in the measurement    of lease liabilities:
Operating cash flows from operating leases	$	811	$	602	$	2,245	$	1,769
Operating cash flows from finance leases		33		49		115		140
Financing cash flows from finance leases		241		206		709		562
Right-of-use assets obtained in exchange for lease    obligations upon inception of lease (noncash):
Operating leases		—		—		2,518		—
Finance leases		—		110		—		854

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 September 30, 2024 (in thousands):

	Operating Leases			Finance Leases
2024 (remainder of the year)	$	816		$	274
2025		3,563			887
2026		4,046			179
2027		446			—
Total lease payments		8,871			1,340
Less interest		(903	)		(172	)
Total lease liability balance		7,968			1,168
Less: current portion		(3,000	)		(931	)
Non-current lease liabilities	$	4,968		$	237