Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.24.1
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2023
Commitments and Contingencies [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 consolidated lease expense were as follows (in thousands):
    Year Ended
December 31,
2023		     Year Ended
December 31,
2022		  
Operating leases:            
Operating lease cost   $     580     $      760  
Variable lease cost     100       50  
Operating lease expense   $ 680     $ 810  
Schedule of Supplemental Cash Flow Information Related to Leases Supplemental cash flow information related to the leases were as follows:
    Year Ended
December 31,
2023		     Year Ended
December 31,
2022		  
Operating cash flows - operating leases   $ 686     $ 719  
Right-of-use assets obtained in exchange for operating lease liabilities   $ 1,168     $ 2,336  
Weighted-average remaining lease term – operating leases (in years)     2.8       3.3  
Weighted-average discount rate – operating leases     12.0 %     12.0 %
Schedule of Future Minimum Payments As of December 31, 2023, future minimum payments are as follows (in thousands):
    Operating
Leases		  
Year ended December 31, 2024   $ 655  
Year ended December 31, 2025     578  
Year ended December 31, 2026     478  
Year ended December 31, 2027     240  
Year ended December 31, 2028, and thereafter    
-
  
Total     1,951  
Less present value discount     (224 )
Operating lease liabilities   $ 1,727