XML 49 R23.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Leases (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Leases [Abstract] |
Schedule of Lease Balance Sheet Information | The following table presents the lease balances within the Condensed Consolidated Balance Sheets as of June 30, 2024 and December 31, 2023 (in thousands):
|  |  |  | June 30, |  |  | December 31, |
Leases |  | Classification |  | 2024 |  |  | 2023 |
Assets |  |  |  |  |  |  |  |
Operating |  | Operating leases right-of-use assets |  | $ | 10,818 |  |  | $ | 2,444 |
Finance |  | Property and equipment, net |  |  | 142 |  |  |  | 156 |
Total lease assets |  |  |  |  | 10,960 |  |  |  | 2,600 |
Liabilities |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |
Operating |  | Lease liabilities |  |  | 710 |  |  |  | 1,764 |
Finance |  | Lease liabilities |  |  | 26 |  |  |  | 37 |
Noncurrent |  |  |  |  |  |  |  |
Operating |  | Long-term lease liabilities |  |  | 10,553 |  |  |  | 1,093 |
Finance |  | Long-term lease liabilities |  |  | 121 |  |  |  | 118 |
Total lease liabilities |  |  |  | $ | 11,410 |  |  | $ | 3,012 |
Schedule of Component of Lease Expense | For the three and six months ended June 30, 2024 and 2023, the components of operating and finance lease expenses were as follows (in thousands):
|  |  |  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
Lease Cost |  | Classification |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease cost |  | Cost of sales |  | $ | 3 |  |  | $ | 3 |  |  | $ | 7 |  |  | $ | 7 |
|  | Research and development |  |  | 23 |  |  |  | 24 |  |  |  | 48 |  |  |  | 61 |
|  | Selling, general and administrative |  |  | 588 |  |  |  | 438 |  |  |  | 1,027 |  |  |  | 887 |
Finance lease cost |  | Research and development |  |  | — |  |  |  | 29 |  |  |  | 17 |  |  |  | 63 |
|  | Selling, general and administrative |  |  | 8 |  |  |  | 9 |  |  |  | 15 |  |  |  | 18 |
Finance lease cost |  | Interest expense |  |  | 5 |  |  |  | 2 |  |  |  | 11 |  |  |  | 7 |
Schedule of Maturities of Lease Liabilities | Maturities of the Company’s operating and finance lease liabilities as of June 30, 2024 were as follows (in thousands):
|  | Operating |  |  | Finance |
Year Ended December 31, |  | Leases |  |  | Leases |
2024 (remainder) |  | $ | 1,004 |  |  | $ | 22 |
2025 |  |  | 2,434 |  |  |  | 46 |
2026 |  |  | 2,637 |  |  |  | 46 |
2027 |  |  | 2,782 |  |  |  | 46 |
2028 |  |  | 2,871 |  |  |  | 39 |
2029 |  |  | 2,954 |  |  |  | — |
Thereafter |  |  | 3,308 |  |  |  | — |
Total lease payments |  |  | 17,990 |  |  |  | 199 |
Less: imputed interest |  |  | (6,727 | ) |  |  | (52 | )
Total lease liabilities |  | $ | 11,263 |  |  | $ | 147 |
Summary of Weighted Average Remaining Lease Term and Discount Rate | The weighted average remaining lease term and weighted average discount rate used to determine lease liabilities related to the Company’s operating and finance leases as of June 30, 2024 and December 31, 2023 were:
|  | June 30, |  |  | December 31, |
Lease Term and Discount Rate |  | 2024 |  |  | 2023 |
Weighted average remaining lease term (years) |  |  |  |  |  |
Operating leases |  |  | 6.58 |  |  |  | 1.69 |
Finance leases |  |  | 4.35 |  |  |  | 4.37 |
Weighted average discount rate |  |  |  |  |  |
Operating leases |  |  | 14.4 | % |  |  | 10.4 | %
Finance leases |  |  | 14.4 | % |  |  | 14.0 | %

X
- Definition Summary Of Lease Balances. + References No definition available. + Details
Name: | rxst_SummaryOfLeaseBalancesTableTextBlock
Namespace Prefix: | rxst_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary Of Weighted Average Remaining Lease Term and Discount Rate. + References No definition available. + Details
Name: | rxst_SummaryOfWeightedAverageRemainingLeaseTermAndDiscountRateTableTextBlock
Namespace Prefix: | rxst_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration