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Right-of-Use Assets and Lease Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of office space and R&D and manufacturing facilities | The Company’s related Right-of-Use (“ROU”) assets and lease liabilities are comprised of the following as of each period end:
| As of December 31,
(Amounts in thousands) | 2023 |  | 2022
Operating leases: |  |  |
Right-of-use assets | $ | 5,933 |  |  | $ | 2,686 |
Lease liability, current | 1,166 |  |  | 781 |
Lease liability, non-current | 5,731 |  |  | 2,365 |
Finance leases: |  |  |
Right-of-use assets | $ | — |  |  | $ | 116 |
Lease liability, current | — |  |  | 53 |
Lease liability, non-current | — |  |  | 61 |
Schedule of other information related to leases | Other information related to leases is presented below:
| Years Ended December 31,
(Amounts in thousands) | 2023 |  | 2022
Other information: |  |  |
Operating lease cost | $ | 1,451 |  |  | $ | 297 |
Variable lease cost | 518 |  |  | — |
Sublease income | 542 |  |  | — |
Operating cash flows from operating right-of-use assets | 1,969 |  |  | 352 |
Initial recognition of operating right-of-use assets | 933 |  |  | — |
Remeasurement of operating right-of-use assets | 1,280 |  |  | — |
| As of December 31,
| 2023 |  | 2022
Weighted-average remaining lease term – operating leases (in months) | 68.3 |  | 49.8
Weighted-average discount rate – operating leases | 7.2 | % |  | 2.9 | %
Schedule of annual minimum lease payments of our operating lease liabilities | As of December 31, 2023, the annual minimum lease payments of the Company’s operating lease liabilities were as follows (in thousands):
|  | As of December 31,
(Amounts in thousands) |  | 2023
2024 |  | $ | 1,616 |
2025 |  | 1,269 |
2026 |  | 1,206 |
2027 |  | 1,258 |
2028 |  | 1,397 |
Thereafter |  | 1,768 |
Total future minimum lease payments, undiscounted |  | 8,514 |
Less: Imputed interest |  | (1,617) |
Present value of future minimum lease payments |  | $ | 6,897 |

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- Definition Assets And Liabilities, Lessee + References No definition available. + Details
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- 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
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- References No definition available. + Details
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- 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
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