Commitments and Contingent Liabilities (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Summary of Components of Lease Expense

The components of lease expense included in the consolidated statement of operations and comprehensive loss are as follows (in thousands):

	For the Year Ended December 31,
	2022		2021
Operating lease costs	$	182	$	-

Summary of Operating Lease Supplemental Balance Sheet Information

Supplemental balance sheet information related to the Company's operating lease was as follows (in thousands):

	As of December 31,
	2022			2021
Operating lease right-of-use assets	$	4,538		$	-
Current portion, operating lease liabilities		470			-
Operating lease liabilities, long term		4,047			-
Total operating lease liabilities	$	4,517		$	-
Weighted average remaining lease term (years)		10.3
Weighted average incremental borrowing rate		10.1	%

Summary of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments for operating leases with initial remaining terms in excess of one year as of December 31, 2022 are as follows:

2023	$	497
2024		667
2025		687
2026		708
2027		729
Thereafter		4,202
Total lease payments		7,490
Less implied interest		(2,973	)
Total operating lease liabilities	$	4,517