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Leases (Tables)
6 Months Ended
Jun. 30, 2023
Lessee Disclosure [Abstract]  
Schedule of Leases Leases consisted of the following (in thousands):

 

Leases

 

Classification

 

June 30, 2023

 

 

December 31, 2022

 

Assets

 

 

 

 

 

 

 

 

Operating lease assets

 

 Right of use asset

 

$

1,384

 

 

$

1,848

 

Total leased assets

 

 

 

$

1,384

 

 

$

1,848

 

Liabilities

 

 

 

 

 

 

 

 

Current - Operating

 

 Operating lease liability- current

 

$

993

 

 

$

1,010

 

Noncurrent - Operating

 

 Operating lease liability- noncurrent

 

 

532

 

 

 

1,007

 

Total leased liabilities

 

 

 

$

1,525

 

 

$

2,017

 

 

Lease Cost

 

Classification

 

Three
Months Ended
June 30, 2023

 

 

Three
Months Ended
June 30, 2022

 

 

Six
Months Ended
June 30, 2023

 

 

Six
Months Ended
June 30, 2022

 

Operating lease cost

 

 SG&A and R&D Expenses

 

$

191

 

 

$

268

 

 

$

381

 

 

$

544

 

Short term lease cost

 

 R&D Expenses

 

 

3

 

 

 

8

 

 

 

7

 

 

 

11

 

Sublease income (1)

 

 SG&A and R&D Expenses

 

 

(110

)

 

 

(90

)

 

 

(218

)

 

 

(177

)

Net lease cost

 

 

 

$

84

 

 

$

186

 

 

$

170

 

 

$

378

 

 

(1)
Sublease income is recorded as a reduction to lease expense.

 

Lease Term
and Discount Rate

 

June 30, 2023

 

 

December 31, 2022

 

Weighted-average remaining
   lease term (years)

 

 

2.1

 

 

 

2.4

 

Weighted-average discount rate

 

 

6.4

%

 

 

6.0

%