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Leases (Tables)

12 Months Ended

Dec. 31, 2023

Lessee Disclosure [Abstract]

Schedule of Leases

The Company’s lease agreements do not contain any material variable lease payments, material residual value guarantees or material restrictive covenants. Leases consisted of the following (in thousands):


Leases		Classification		December 31, 2023				December 31, 2022
Assets
Operating lease assets		Right of use asset		$	792			$	1,848
Total leased assets				$	792			$	1,848
Liabilities
Current - Operating		Operating lease liability - current		$	852			$	1,010
Noncurrent - Operating		Operating lease liability - noncurrent			155				1,007
Total leased liabilities				$	1,007			$	2,017


Lease Cost		Classification		For the Year Ended December 31, 2023				For the Year Ended December 31, 2022
Operating lease cost		SG&A and R&D Expenses		$	763			$	1,028
Short term lease cost		SG&A and R&D Expenses			13				6
Sublease income (1)		SG&A and R&D Expenses			(450	)			(384	)
Net lease cost				$	326			$	650

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


Lease Term and Discount Rate		December 31, 2023				December 31, 2022
Weighted-average remaining lease term (years)			2.3				2.4
Weighted-average discount rate			6	%			6	%

Schedule of Maturities of Operating Lease Liabilities

The maturities of the operating lease liabilities as of December 31, 2023 are as follows (in thousands):


Years Ending December 31,		Amounts
2024		$	886
2025			156
Total operating lease payments		$	1,042
Less: imputed interest			35
Total current and noncurrent operating lease liabilities		$	1,007