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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases Tables [Abstract]  
Information Related to Leases

Information related to leases (in thousands):

 

 

 

Three Months Ended

 

 

Three Months Ended

 

Operating cash flow information:

 

June 30, 2024

 

 

June 30, 2023

 

Operating lease cost

 

$

387

 

 

$

344

 

Operating lease - cash flow

 

$

423

 

 

$

346

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

Six Months Ended

 

Operating cash flow information:

 

June 30, 2024

 

 

June 30, 2023

 

Operating lease cost

 

$

729

 

 

$

678

 

Operating lease - cash flow

 

$

776

 

 

$

693

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-cash activity:

 

 

 

 

 

 

ROU assets obtained in exchange for lease liabilities

 

$

3,818

 

 

$

341

 

 

 

 

June 30, 2024

 

 

June 30, 2023

 

Weighted-average remaining lease term

 

4.0 years

 

 

3.0 years

 

Weighted-average discount rate

 

 

7

%

 

 

5

%

Future Minimum Lease Payments

Future minimum lease payments under non-cancelable leases as of June 30, 2024:

 

2024 (remaining)

 

$

965

 

2025

 

 

1,748

 

2026

 

 

1,062

 

2027

 

 

920

 

2028

 

 

954

 

Thereafter

 

 

353

 

Total future minimum lease payments

 

$

6,002

 

Less: imputed interest

 

 

(729

)

Present value of lease liabilities - current

 

 

1,589

 

Present value of lease liabilities - non-current

 

$

3,684