Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.3
Leases (Tables)
9 Months Ended
Sep. 30, 2023
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,
2023 2022 2023 2022
Operating lease expense $ 402  $ 479  $ 1,308  $ 1,188 
Short-term lease expense 206 96 508 216
Total lease cost $ 608  $ 575  $ 1,816  $ 1,404 
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, 2023 December 31, 2022
Weighted average remaining lease term (in years) - operating leases 4.1 4.7
Weighted average discount rate - operating leases 6.26  % 6.19  %
Schedule of Future Lease Payments
The following table presents the maturities of lease liabilities (amounts in thousands):
Years Ended December 31, Operating
Leases
2023 (remaining) $ 483 
2024 1,713 
2025 1,424 
2026 1,067 
2027 970 
2028 and thereafter 710 
Total minimum lease payments 6,367 
Less effects of discounting (753)
Present value of future minimum lease payments $ 5,614