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Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Lease Cost Recognized in Condensed Consolidated Statement of Operations and Other Lease Information

Lease cost recognized in the Condensed Consolidated Statements of Operations and other lease information is summarized as follows:


		Six Months Ended June 30,								Three Months Ended June 30,
(In Thousands)		2023				2024				2023				2024
Operating lease cost		$	644			$	287			$	152			$	144
Finance lease cost:
Amortization of right-of-use assets			69				—				56				—
Interest on lease liabilities			18				41				18				19
Variable lease cost			—				(3	)			—				(8	)
Short-term operating lease cost			138				12				44				6
Total lease cost			869				337				270				161
Other information:
Weighted-average remaining lease term - operating leases			3.8				3.0
Weighted-average remaining lease term - finance leases			2.4				1.4
Weighted-average discount rate - operating leases			6.6	%			6.8	%
Weighted-average discount rate - finance leases			14.8	%			14.1	%
Cash paid for operating leases		$	1,411			$	276			$	168			$	133
Cash paid for finance leases		$	66			$	229			$	66			$	115

Schedule of Future Payments Under Operating and Finance Lease Liabilities

As of June 30, 2024, the Company’s future payments under operating and finance lease liabilities were as follows:


(In Thousands)		Operating Leases				Finance Leases
2024		$	283			$	152
2025			566				421
2026			397				—
2027			381				—
2028 and thereafter			—				—
Gross future lease payments			1,627				573
Less: imputed interest			(174	)			(54	)
Present value of total lease liabilities			1,453				519
Less: current portion of lease liabilities			(486	)			(263	)
Total long-term lease liabilities		$	967			$	256