v3.24.1.u1
Lease Accounting (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Weighted Average Lease Terms and Discounts Rates

The weighted average lease terms and discounts rates are as follows:

 

 

 

March 31, 2024

 

December 31, 2023

Operating Lease Term and Discount Rate

 

 

 

 

Weighted-average remaining lease term

 

2.71 years

 

2.86 years

Weighted-average discount rate

 

7.0%

 

7.0%

Schedule of Maturity of Lease Liabilities

As of March 31, 2024, the maturity of lease liabilities are as follows (in thousands):

 

 

 

Operating Leases

 

2024, remaining months

 

$

4,678

 

2025

 

 

2,849

 

2026

 

 

405

 

2027

 

 

417

 

2028

 

 

430

 

Thereafter

 

 

1,130

 

Total lease payments

 

 

9,909

 

Less: Interest

 

 

(913

)

Present value of lease liabilities

 

$

8,996

 

 

Supplemental Lease Cost Information

Supplemental lease cost information are as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Operating lease cost

 

$

1,342

 

 

$

1,342

 

 

Schedule Of Operating Lease Assets and Liabilities

Supplemental balance sheet information are as follows (in thousands):

 

 

 

March 31, 2024

 

 

December 31, 2023

 

Operating Leases:

 

 

 

 

 

 

Operating lease assets

 

$

7,764

 

 

$

8,944

 

 

 

 

 

 

 

 

Other current liabilities

 

$

5,860

 

 

$

5,722

 

Long term operating lease liabilities

 

 

3,136

 

 

 

4,634

 

Total operating lease liabilities

 

$

8,996

 

 

$

10,356

 

 

Schedule of Supplemental Cash Flow Information Related to Lease

Supplemental cash flow information are as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flow from operating leases

 

$

1,523

 

 

$

1,478