LEASES

12 Months Ended

Dec. 31, 2023

LEASES

LEASES

6. LEASES

Our significant lease arrangements relate to our office spaces. These arrangements are for leases of assets such as corporate office space and office equipment. We lease office space and office equipment under operating leases expiring at various dates through the year ending December 31, 2030. The following amounts were recorded in the consolidated balance sheets at December 31, 2023 (amounts in thousands):

	Classification	December 31, 2023
Operating Leases
Right-of-use assets - current	Prepaid expenses and other	$	833
Right-of-use assets - non-current	Other assets		3,939
Total right-of-use assets		$	4,772
Lease liabilities - current	Other current liabilities	$	972
Lease liabilities - non-current	Other long-term liabilities		4,673
Total operating lease liabilities		$	5,645

Maturities of operating lease liabilities at December 31, 2023 were as follows (amounts in thousands):

Fiscal Years:	Operating Leases
2024	$	1,102
2025		1,026
2026		1,027
2027		1,027
2028		789
Thereafter		1,112
Total lease payments	$	6,083
Less imputed interest		(438)
Total	$	5,645

Other information pertaining to leases consists of the following:

	December 31, 2023
Operating Lease Term and Discount Rate
Weighted average remaining lease term in years		6
Weighted average discount rate		2.5%

We did not have any finance leases as of December 31, 2023.