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Right-of-Use Assets and Lease Liabilities (Tables)
12 Months Ended
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)20232022
Operating leases:
Right-of-use assets$5,933 $2,686 
Lease liability, current1,166 781 
Lease liability, non-current5,731 2,365 
Finance leases:  
Right-of-use assets$— $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)20232022
Other information:
Operating lease cost$1,451 $297 
Variable lease cost518 — 
Sublease income542 — 
Operating cash flows from operating right-of-use assets1,969 352 
Initial recognition of operating right-of-use assets933 — 
Remeasurement of operating right-of-use assets1,280 — 
As of December 31,
20232022
Weighted-average remaining lease term – operating leases (in months)68.349.8
Weighted-average discount rate – operating leases7.2 %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 
20251,269 
20261,206 
20271,258 
20281,397 
Thereafter1,768 
Total future minimum lease payments, undiscounted8,514 
  Less: Imputed interest(1,617)
Present value of future minimum lease payments$6,897