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Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of Operating and Finance Leases Recorded in Consolidated Balance Sheet

Operating and finance lease amounts from continuing operations included in the unaudited condensed consolidated balance sheet are as follows (in thousands):

Classification						Financial Statement Line Item						March 31, 2024						December 31, 2023
Long-term Assets						Right-of-use assets, operating leases						$	27,431					$	27,784
Long-term Assets						Property, plant and equipment						1,457						1,543
Current liabilities						Current portion of lease liabilities, operating leases						1,170						1,140
Current liabilities						Current portion of lease liabilities, finance leases						288						292
Non-current liabilities						Non-current portion of lease liabilities, operating leases						29,419						29,729
Non-current liabilities						Non-current portion of lease liabilities, finance leases						1,236						1,307

Schedule of Operating and Finance Leases Discount Rates, Total Lease Cost and Weighted Average Remaining Leases

Individual components of the total lease cost incurred by the Company are as follows:

			Three Months Ended March 31,
(in thousands)			2024						2023
Operating lease cost1			$	989					$	989
Finance lease cost:
Amortization of right-of-use assets			83						78
Interest on finance lease liabilities			23						13
Sublease income			(92)						(91)
Total lease cost			$	1,003					$	989

1Includes short term leases, which are immaterial

Weighted-average remaining lease term			March 31, 2024						December 31, 2023
Operating leases			12.43 years						12.67 years
Finance leases			4.84 years						5.07 years
Weighted-average discount rate
Operating leases			8.33		%				8.33		%
Finance leases			5.92		%				5.92		%

Schedule of Maturities For Sub Leases

Future expected cash receipts from the Company's sublease as of March 31, 2024 are as follows:

(in thousands)			Sublease Receipts
Remainder of 2024			$	278
2025			377
2026			385
2027			392
2028			400
Thereafter			3,386
Total sublease receipts			$	5,218

Schedule of Maturities For Operating Leases After Adoption of 842

The amounts of undiscounted future minimum lease payments under leases in continuing operations as of March 31, 2024 are as follows:

(in thousands)			Operating						Finance
Remainder of 2024			$	2,738					$	275
2025			3,671						361
2026			3,691						361
2027			3,765						361
2028			3,840						303
Thereafter			32,312						85
Total undiscounted minimum future lease payments			50,017						1,746
Imputed interest			(19,428)						(222)
Present value of lease liabilities			$	30,589					$	1,524

Schedule of Maturities For Finance Leases After Adoption of 842

The amounts of undiscounted future minimum lease payments under leases in continuing operations as of March 31, 2024 are as follows:

(in thousands)			Operating						Finance
Remainder of 2024			$	2,738					$	275
2025			3,671						361
2026			3,691						361
2027			3,765						361
2028			3,840						303
Thereafter			32,312						85
Total undiscounted minimum future lease payments			50,017						1,746
Imputed interest			(19,428)						(222)
Present value of lease liabilities			$	30,589					$	1,524

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Assets And Liabilities, Lessee [Table Text Block]

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Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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

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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

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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

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Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479773/842-30-50-12

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