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Commitments
12 Months Ended
Dec. 31, 2023
Commitments  
Commitments

6.   Commitments

On January 28, 2022, the Company entered into a sublease agreement (the “Sublease”) with Grant Thornton LLP for new office space to replace its existing office space. The Sublease commenced on May 1, 2022 and will end on July 31, 2024 (or on such earlier date as the term may cease or expire as set forth in the Sublease).

Future minimum payments required under the Sublease as of December 31, 2023 are summarized as follows (in thousands):

Period Ending December 31,

    

Amount

2024

$

338

Total lease payments

$

338

Less: imputed interest

$

(9)

Total operating lease liabilities

$

329

Rent expense was $0.6 million and $0.8 million for the years ended December 31, 2023 and 2022, respectively. Lease payments were $0.7 million and $0.8 million for the years ended December 31, 2023 and 2022, respectively.