Leases

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Leases

14. Leases

Operating lease expense was $1.1 million and $1.0 million for the years ended December 31, 2023 and 2022, respectively, and is reported as “Cost of sales,” “Engineering, design and product development expense,” “Selling and marketing expense,” and “General and administrative expense” in the Consolidated Statements of Operations.  Operating costs include short-term lease costs.

The following information represents supplemental disclosure for the statement of cash flows related to operating leases (in thousands):

	Years Ended December 31,
	2023		2022
Operating cash outflows from leases	$	1,013	$	967

The following summarizes additional information related to our leases:

	Years Ended December 31,
	2023			2022
Weighted average remaining lease term (in years)		1.7			2.7
Weighted average discount rate		4.4	%		4.5	%

The maturity of the Company’s operating lease liabilities are as follows (in thousands):

	December 31, 2023
2024	$	985
2025		713
2026		22
Total undiscounted lease payments		1,720
Less imputed interest		71
Total lease liabilities	$	1,649