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Lease Obligations (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Aggregate Lease Expense Under Operating Leases
Lease expense under operating and finance leases was as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Operating lease expense$569 $666 $1,741 $1,559 
Finance lease expense:
Amortization of right-of-use assets$455 $300 $1,278 $823 
Interest on lease liabilities81 48 231 123 
Total finance lease expense$536 $348 $1,509 $946 
Supplemental cash flow information related to leases was as follows (in thousands):
Nine Months Ended September 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases$231 $908 
Operating cash flows for operating leases$1,731 $1,376 
Financing cash flows for finance leases$1,348 $— 
Operating lease assets obtained in exchange for operating lease liabilities:$261 $4,462 
Finance lease assets obtained in exchange for finance lease liabilities:$828 $686 
Non-cash increase to operating lease assets due to remeasurement of operating lease liabilities:$365 $629 
Other Supplemental Information Related to Leases
Other supplemental information related to leases was as follows:
September 30, 2024December 31, 2023
Weighted average remaining lease term:
Operating leases9.2 years9.7 years
Finance leases2.6 years3.0 years
Weighted average discount rate:
Operating leases10.91 %10.88 %
Finance leases8.18 %7.46 %
Balance Sheets of the Company's Operating Leases
The following table summarizes the presentation in the Condensed Consolidated Balance Sheets of the Company’s operating leases (in thousands):
Balance Sheet LocationSeptember 30, 2024December 31, 2023
Operating lease assets:
Operating lease assets, netOther Assets$8,337 $8,682 
Operating lease liabilities:
Current operating lease liabilitiesOperating lease liabilities – current liabilities$1,049 $1,058 
Non-current operating lease liabilitiesOperating lease liabilities – long-term liabilities8,065 8,390 
Total operating lease liabilities$9,114 $9,448 
The following table summarizes the presentation in the Condensed Consolidated Balance Sheets of the Company’s finance leases (in thousands):
Balance Sheet LocationSeptember 30, 2024December 31, 2023
Finance lease assets:
Finance lease assets, netOther Assets$3,873 $4,322 
Finance lease liabilities:
Current finance lease liabilitiesFinance lease liabilities – current liabilities$1,839 $1,590 
Non-current finance lease liabilitiesFinance lease liabilities – long-term liabilities2,077 2,845 
Total finance lease liabilities$3,916 $4,435 
Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of September 30, 2024 are as follows (in thousands):
Operating LeasesFinance Leases
2024 (remaining)$412 $410 
20251,920 1,985 
20261,684 1,152 
20271,594 678 
20281,416 147 
Thereafter7,997 — 
Total lease payments15,023 4,372 
Less imputed interest(5,909)(456)
Total$9,114 $3,916