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LEASES (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
SCHEDULE OF COMPONENTS OF LEASE EXPENSE

The components of lease expense were as follows:

 

SCHEDULE OF COMPONENTS OF LEASE EXPENSE

Lease Cost  2024   2023 
   Three Months Ended September 30, 
Lease Cost  2024   2023 
Operating lease cost  $569   $576 
Finance lease interest cost   6    9 
Finance lease amortization expense   265    182 
Total lease cost  $840   $767 

 

Lease Cost  2024   2023 
   Nine Months Ended September 30, 
Lease Cost  2024   2023 
Operating lease cost  $1,746   $1,735 
Finance lease interest cost   18    32 
Finance lease amortization expense   394    546 
Total lease cost  $2,158   $2,313 
SCHEDULE OF SUPPLEMENTAL CONDENSED CONSOLIDATED BALANCE SHEET INFORMATION RELATED TO LEASES

Supplemental condensed consolidated balance sheet information related to leases was as follows:

 

   Balance Sheet Location  September 30, 2024   December 31, 2023 
Assets             
Finance lease assets  Property and equipment, net  $485   $636 
Operating lease assets  Operating lease assets, net   8,034    6,917 
Total leased assets     $8,519   $7,553 
              
Liabilities             
Current             
Current finance lease liabilities  Current portion of finance lease obligations  $175   $356 
Current operating lease liabilities  Current portion of operating lease obligations   1,174    1,033 
Noncurrent             
Long-term finance lease liabilities  Long-term finance lease liabilities, net of current portion   340    209 
Long-term operating lease liabilities  Long-term operating lease obligations, net of current portion   7,689    6,763 
Total lease liabilities     $9,378   $8,361 
SCHEDULE OF SUPPLEMENTAL CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS INFORMATION

Supplemental condensed consolidated statement of cash flows information for the nine months ended September 30, 2024 related to leases was as follows:

 

SCHEDULE OF SUPPLEMENTAL CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS INFORMATION

   September 30,   September 30, 
   2024   2023 
Operating Leases          
Cash paid for amounts included in the measurement of lease liabilities  $468   $1,381 
Property acquired under operating lease  $1,923   $- 
SCHEDULE OF FUTURE PAYMENTS OF LEASE LIABILITIES

Future payments of lease liabilities as of September 30, 2024 were as follows:

 

  

Operating

Leases

  

Finance

Leases

   Total 
2024  $469   $70   $539 
2025   1,809    165    1,974 
2026   1,774    168    1,942 
2027   1,472    60    1,532 
2028   1,469    60    1,529 
Thereafter   5,505    44    5,549 
Total lease payments  $12,498   $567   $13,065 
Less: imputed interest   (3,635)   (52)   (3,687)
Present value of lease liabilities  $8,863   $515   $9,378 
SCHEDULE OF LEASE TERM AND DISCOUNT RATE

The lease term and discount rate as of September 30, 2024 were as follows:

 

SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Weighted-average remaining lease term (years)     
Operating leases   7.9 
Finance leases   3.4 
Weighted-average discount rate     
Operating leases   7.8%
Finance leases   5.7%