Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.3
Leases (Tables)
9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Operating lease expense $ 351  $ 402  $ 1,196  $ 1,308 
Short-term lease expense 138 206 433 508
Total lease cost $ 489  $ 608  $ 1,629  $ 1,816 
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:
September 30, 2024 December 31, 2023
Weighted average remaining lease term (in years) - operating leases 4.3 3.9
Weighted average discount rate - operating leases 7.49  % 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) $ 400 
2025 1,549 
2026 1,383 
2027 1,178 
2028 898 
Thereafter 547 
Total minimum lease payments 5,955 
Less effects of discounting (898)
Present value of future minimum lease payments $ 5,057