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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Summary of Lease Costs
The following summarizes quantitative information about the Company’s operating and finance leases (table in thousands):
Three Months Ended
March 31, 2024
Three Months Ended
March 31, 2023
Operating leases
Operating lease cost$420 $404 
Variable lease cost122 115 
Operating lease expense542 519 
Finance leases
Amortization of right-of-use assets141 141 
Interest on lease obligations32 39 
Finance lease expense173 180 
Short-term lease rent expense
Total rent expense$720 $703 
Other information
Operating cash flows from operating leases$437 $424 
Operating cash flows from finance leases$32 $39 
Financing cash flows from finance leases$138 $128 
Weighted-average remaining lease term – operating leases2.22.8
Weighted-average remaining lease term – finance leases3.24.2
Weighted-average discount rate – operating leases6.5 %6.4 %
Weighted-average discount rate – finance leases6.4 %6.4 %
Summary of Operating Lease Maturities
Future minimum rental payments under operating and finance lease agreements are as follows (in thousands):
OperatingFinance
Year ending December 31, 2024 (remaining)$1,261 $503 
Year ending December 31, 20251,587 676 
Year ending December 31, 2026946 666 
Year ending December 31, 2027525 311 
Year ending December 31, 2028— 
Total4,321 2,156 
Less present value discount(353)(206)
Operating and finance lease liabilities$3,968 $1,950 
Summary of Finance Lease Maturities
Future minimum rental payments under operating and finance lease agreements are as follows (in thousands):
OperatingFinance
Year ending December 31, 2024 (remaining)$1,261 $503 
Year ending December 31, 20251,587 676 
Year ending December 31, 2026946 666 
Year ending December 31, 2027525 311 
Year ending December 31, 2028— 
Total4,321 2,156 
Less present value discount(353)(206)
Operating and finance lease liabilities$3,968 $1,950