Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Lease Expense
The components of lease expense are as follows (in thousands):
Three Months Ended
September 30,		 Nine months Ended
September 30,
2024 2023 2024 2023
Operating leases:
Operating lease costs $ 214  $ 108  $ 696  $ 439 
Variable lease costs —  25  20  74 
Short-term lease costs - equipment 1,282  —  2,263  — 
Operating lease expense $ 1,496  $ 133  $ 2,979  $ 513 
Supplemental cash flow information are as follows (in thousands):
Nine months ended,
September 30
2024 2023
Operating cash flows - operating leases $ 694  $ 513 
Right-of-use assets obtained in exchange for operating lease liabilities $ 560  $ — 

Additional information regarding the Company's operating leases is as follows:


September 30, 2024 December 31, 2023
Weighted-average remaining lease term - operating leases (in years) 2.7 1.7
Weighted-average discount rate - operating leases 12.0  % 12.0  %
Schedule of Future Minimum Payments
As of September 30, 2024, future minimum payments are as follows (in thousands):
Operating
Leases
2024 (remaining) $ 218 
2025 774 
2026 680 
2027 410 
Total 2,082 
Less present value discount (313)
Operating lease liabilities $ 1,769