Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

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Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Monthly Lease Expense The monthly lease expense is as follows:
•Months 1-12
- $9,321
•Months 13-24
- $9,726
•Months 25-36
- $10,131
Schedule of Lease Expense
The components of the consolidated operating lease expense were as follows:
Three Months Ended
March 31,
2024 2023
Operating leases:
Operating lease cost $ 471  $ 190 
Variable lease cost —  58 
Operating lease expense $ 471  $ 248 
The following information represents supplemental disclosure for the condensed consolidated statement of cash flows related to operating leases (in thousands):
Three months Ended
March 31,
2024 2023
Operating cash flows - operating leases $ 484  $ 192 
Right-of-use assets obtained in exchange for operating lease liabilities $ 1,146  $ — 
The present value assumptions used in calculating the present value of the lease payments were as follows:
March 31,
2024 2023
Weighted-average remaining lease term (years) 2.7 3.0
Weighted-average discount rate 12.0  % 12.0  %
Schedule of Future Minimum Payments
As of March 31, 2024, future minimum payments are as follows (in thousands):
Operating
Leases
Nine months ended December 31, 2024 $ 606 
Year ended December 31, 2025 578 
Year ended December 31, 2026 478 
Year ended December 31, 2027 240 
Total 1,902 
Less present value discount (346)
Operating lease liabilities $ 1,556