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Leases (Tables) | 6 Months Ended
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Jun. 30, 2024
Leases [Abstract] |
Assets and Liabilities, Lessee | The following table summarizes the balance sheet classification of the operating lease asset and related lease liabilities as of June 30, 2024 and December 31, 2023 (in thousands):
| June 30, 2024 |  | December 31, 2023
Right-of-use asset, net | $ | 135 |  |  | $ | 147 |
Lease liability, current portion | 27 |  |  | 20 |
Lease liability, net of current portion | 124 |  |  | 138 |
| $ | 151 |  |  | $ | 158 |
Lease, Cost | The following variables were used to determine the right-of-use asset and the operating lease liabilities at June 30, 2023 and 2022:
| June 30, 2024 |  | June 30, 2023
Weighted average remaining lease term | 4.9 years |  | 5.2 years
Weighted average operating lease discount rate | 6.4 | % |  | 6.4 | %
Schedule of Future Minimum Lease Payments, Maturity | Future minimum lease payments under the lease agreement as of June 30, 2024 were as follows (in thousands):
Year ended |
2024 (remainder of year) | $ | 18 |
2025 | 36 |
2026 | 37 |
2027 | 39 |
2028 and thereafter | 46 |
Total lease payments | 176 |
Less: Amounts representing interest | (25) |
Present value of lease liabilities | $ | 151 |

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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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- 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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