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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Right-of-Use Assets and the Corresponding Lease Liabilities | Information regarding the Company's right-of-use assets and the corresponding lease liabilities at the years ended December 31 is as follows:
|  | December 31, 2023 |  |  | December 31, 2022 |
|  | (In thousands) |
Right-of-use assets |  | $ | 5,522 |  |  | $ | 6,533 |
Lease liabilities |  |  | 5,758 |  |  |  | 6,792 |
Schedule of Rent Expenses | The Company’s rent expense for the years ended December 31 is as follows:
| 2023 |  |  | 2022 |
| (In thousands) |
Operating lease expense | $ | 3,406 |  |  | $ | 3,447 |
Variable and short-term lease expense |  | 192 |  |  |  | 76 |
Rent expense | $ | 3,598 |  |  | $ | 3,523 |
Schedule of Future Minimum Lease Payments to be Paid under Operating Leases | The future minimum lease payments to be paid under operating leases are as follows:
|  | December 31, 2023 |
|  | (In thousands) |
2024 |  | $ | 2,552 |
2025 |  |  | 1,964 |
2026 |  |  | 837 |
2027 |  |  | 225 |
2028 |  |  | 129 |
Thereafter |  |  | 942 |
Total future lease payments |  |  | 6,649 |
Present value adjustment |  |  | (891 | )
Present value of future lease payments |  | $ | 5,758 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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