Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.2.u1
Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Lease Cost
The table below presents certain information related to lease costs for the Company’s operating leases (amounts in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2024 2023 2024 2023
Operating lease expense $ 432  $ 446  $ 845  $ 906 
Short-term lease expense 101 141 276 302
Total lease cost $ 533  $ 587  $ 1,121  $ 1,208 
Schedule of Weighted Average Remaining Lease Term and Discount Rate
The following table presents the weighted average remaining lease term and the weighted average discount rate related to operating leases:
June 30, 2024 December 31, 2023
Weighted average remaining lease term (in years) - operating leases 4.8 3.9
Weighted average discount rate - operating leases 7.69  % 6.33  %
Schedule of Future Lease Payments
The following table presents the maturities of lease liabilities (amounts in thousands):
Years Ended December 31, Operating
Leases
2024 (remaining) $ 789 
2025 1,495 
2026 1,349 
2027 1,248 
2028 995 
Thereafter 873 
Total minimum lease payments 6,749 
Less effects of discounting (1,187)
Present value of future minimum lease payments $ 5,562