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Leases (Tables)

6 Months Ended

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

Assets And Liabilities, Lessee

+ References

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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

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- References

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X

- 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

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