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Commitment and Contingencies (Tables)
9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Lease, Cost
Supplemental lease expense related to leases for the three and nine months ended September 30, 2024 and 2023 was as follows (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Operating lease cost$508 $259 $1,553 $777 
Finance lease cost
Amortization of finance leases12 10 39 24 
Interest on finance lease liabilities
Variable lease cost364 19 978 129 
Short-term lease cost18 21 53 63 
Total lease cost$905 $312 $2,632 $1,002 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The following table summarizes the maturity of the Company’s operating and finance lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating and finance lease liabilities recognized on the Company’s condensed consolidated balance sheet as of September 30, 2024 (in thousands):
Maturity of operating lease liabilities
2024 (remaining)$982 
20253,987 
20263,695 
20273,239 
20283,294 
2029613 
Total lease payments$15,810 
Less: interest(2,784)
Total operating lease liabilities$13,026 
Finance Lease, Liability, to be Paid, Maturity
Maturity of finance lease liabilities
2024 (remaining)$15 
202560 
202621 
2027
Total lease payments$102 
Less: interest(9)
Total finance lease liabilities$93 
Assets And Liabilities, Lessee
Supplemental balance sheet information related to leases as of September 30, 2024 was as follows (in thousands):
Leases
Operating right-of-use assets$3,193 
Operating lease liabilities, current2,856 
Operating lease liabilities, non-current10,170 
Total operating lease liabilities$13,026 
Finance right-of-use assets$84 
Finance lease liabilities, current54 
Finance lease liabilities, non-current39 
Total finance lease liabilities$93 
Other information
Cash paid for amounts included in measurement of operating lease liabilities (in thousands)$2,899
Cash paid for amounts included in measurement of finance lease liabilities (in thousands)$45
Weighted-average remaining lease term - operating leases (in years)4.18
Weighted-average remaining lease term - finance lease (in years)1.87
Weighted-average discount rate - operating leases9.73 %
Weighted-average discount rate - finance lease11.05 %
Asset Acquisition, Contingent Consideration
The following table summarizes the components of the contingent value rights liability in the condensed consolidated balance sheet as of September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Current Non-Current Current Non-Current
Lease CVR$436 $717 $281 $1,006 
Intellectual Property CVR, net
— (71)— — 
Sales Tax CVR332 — — — 
Total CVR liability$768 $646 $281 $1,006