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Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

The Company’s ROU asset relates to its leased corporate offices and warehouse in Sunnyvale, CA. Supplemental balance sheet information related to leases was as follows (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Operating Lease

 

 

 

 

 

 

Operating lease right-of-use asset

 

$

2,365

 

 

$

2,160

 

 

 

 

 

 

 

 

Operating lease liability, current

 

 

1,029

 

 

694

 

Operating leases liability, long-term

 

 

1,599

 

 

 

1,677

 

Total operating lease liabilities

 

$

2,628

 

 

$

2,371

 

Weighted average remaining lease term (years)

 

 

2.3

 

 

3.1

 

Weighted average remaining discount rate

 

 

7.17

%

 

 

6.25

%
Schedule of the future minimum lease payments As of September 30, 2024, and December 31, 2023, the future minimum lease payments under the non-cancelable operating lease are as follows (in thousands):

 

 

 

September 30,

 

Operating Leases:

 

2024

 

2024

 

$

269

 

2025

 

 

1,216

 

2026

 

 

1,255

 

2027

 

 

107

 

Total undiscounted lease payments

 

 

2,847

 

Imputed interest

 

 

(219

)

Net Lease Liabilities

 

$

2,628