Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Summary of Lease Expense Recognized on Straight-line Basis Over Lease Term

Lease expense for these leases is recognized on a straight-line basis over the lease term. For the twelve months ended December 31, total lease costs are comprised of the following:

(Dollars in thousands)
	2023		2022
Operating lease cost	$	238	$	202
Short-term lease cost		—		—
Total net lease cost	$	238	$	202

Summary of Cash Flow Information Related to Leases

Supplemental cash flows information related to leases for the twelve months ended December 31 was as follows:

(Dollars in thousands)
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	234	$	197
Non-Cash Activity Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	403	$	20

Summary of Balance Sheets Information

Supplemental balance sheet information for the twelve months ended December 31 was as follows:

(Dollars in thousands, except lease term and discount rate)
	2023			2022
Operating leases:
Operating lease ROU asset	$	431		$	233
Current operating lease liabilities	$	220		$	161
Non-current operating lease liabilities		216			84
Total operating lease liabilities	$	436		$	245
Operating leases:
ROU assets	$	1,058		$	655
Asset lease expense		(627	)		(422	)
ROU assets, net	$	431		$	233
Weighted Average Remaining Lease Term (in years):
Operating leases		4.38			1.5
Weighted Average Discount Rate:
Operating leases		8.04	%		3.83	%

Schedule of Maturity of Operating Lease Liabilities

Maturities of operating lease liabilities are as follows for the year ending December 31:

(Dollars in thousands)

	2023
2024	$	247
2025		79
2026		29
2027		29
2028		29
Thereafter		116
Total lease payments		529
Less: imputed interest		(93	)
Total lease obligations		436
Less: current obligations		(220	)
Long-term lease obligations	$	216