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Commitments (Tables)
 12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Positions

The table below describes our lease position as of December 31, 2023 and 2022:

 

Assets  As of
December 31,
2023		   As of
December 31,
2022		 
Operating lease right-of-use assets   4,632,000    4,805,000 
Accumulated amortization   (1,268,000)   (923,000)
Net lease assets   3,364,000    3,882,000 
           
Liabilities          
Current          
Operating   522,000    518,000 
           
Noncurrent          
Operating   2,842,000    3,364,000 
           
Total lease liabilities   3,364,000    3,882,000 
           
Weighted average remaining term (years) – operating leases   7    8 
           
Weighted average discount rate – operating leases   11.25%   11.25%
Schedule of Lease Expenses

During the year ended December 31, 2023 and 2022, we recorded expenses related to

 

   2023   2022 
   Year ended December 31 
   2023   2022 
Operating right-of-use lease asset amortization   754,000    746,000 
           
Financing lease asset amortization   -    - 
Related interest expense   -    - 
           
Total expense during twelve months ended December 31   754,000    746,000 
Schedule of Maturities of Lease Liabilities

The following table summarizes the maturities of our lease liabilities for all operating leases as of December 31, 2023

 

(in thousands)  12/31/2023 
     
2024   978 
2025 and thereafter   4,268 
Total lease payments   5,246 
less: Imputed interest   (1,882)
Present value of lease liabilities   3,364