Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Right-of-Use Assets and Lease Liabilities

Information related to the Company’s right-of-use assets and related lease liabilities is as follows:

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Cash paid for operating lease liabilities

 

$

354

 

 

$

709

 

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Weighted-average remaining lease term

 

1.46 years

 

 

5.04 years

 

Weighted-average discount rate

 

 

12.9

%

 

 

5.5

%

 

Right-of-use assets and lease liabilities for the Company’s operating leases were recorded in the consolidated balance sheet as follows, representing the Company’s right to use the underlying asset for the lease term (“Other assets”) and the Company’s obligation to make lease payments (“Other current liabilities” and “Other liabilities”):
 

 

 

December 31, 2023

 

 

December 31, 2022

 

Other assets

 

$

549

 

 

$

1,770

 

 

 

 

 

 

 

 

Other current liabilities

 

$

365

 

 

$

332

 

Other liabilities

 

 

188

 

 

 

1,304

 

Total lease liabilities

 

$

553

 

 

$

1,636

 

Schedule of Future Lease Payments Included in Measurement of Lease Liabilities on Consolidated Balance Sheet

Future lease payments included in the measurement of lease liabilities on the consolidated balance sheet as of December 31, 2023 for the following five fiscal years and thereafter were as follows:

 

Due in 12 month period ended December 31,

 

 

 

2024

 

$

405

 

2025

 

 

197

 

2026

 

 

 

2027

 

 

 

2028

 

 

 

Thereafter

 

 

 

 

 

$

602

 

Less imputed interest

 

 

(49

)

Total lease liabilities

 

$

553