XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.3
Leased Assets (Tables)
 9 Months Ended
Sep. 30, 2023
Leased Assets [Abstract]  
Schedule of Right-Of-Use Assets and Related Lease Liabilities Under the provisions of ASU 2016-02, the Company records right-of-use assets equal to the present value of the contractual liability for future lease payments. The table below presents the right-of- use assets and related lease liabilities recognized on the Condensed Consolidated Balance Sheet as of September 30, 2023:
   Balance Sheet Line Item  September 30, 2023 
Right-of-use assets  Other assets  $2,926 
         
Operating lease liabilities        
         
Current portion  Trade accounts payable and accrued expenses  $598 
         
Noncurrent portion  Lease liabilities   2,328 
         
Total operating lease liabilities     $2,926 
Schedule of Operating Lease Liabilities The Company’s leases generally do not provide an implicit interest rate, and therefore the Company calculates an incremental borrowing rate to determine the present value of its operating lease liabilities. The following table reconciles the undiscounted future minimum lease payments to the total operating lease liabilities recognized on the Condensed Consolidated Balance Sheet as of September 30, 2023:
Remainder of 2023  $200 
2024   808 
2025   702 
2026   705 
2027   229 
Thereafter   1,120 
Total undiscounted future minimum lease payments   3,764 
Less: Difference between undiscounted lease payments & the present value of future lease payments   (838)
Total operating lease liabilities  $2,926