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LEASES
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
LEASES LEASES
All of our leases are operating leases and each contain customary rent escalation clauses. Certain of the leases have both lease and non-lease components. We have elected to account for each separate lease component and the non-lease components associated with that lease component as a single lease component for all classes of underlying assets.
The following table provides additional details of our facility leases presented in our condensed balance sheets (dollars in thousands):
FacilitiesJune 30, 2024December 31, 2023
Right-of-use assets$4,324$5,589
Current portion of lease liabilities3,5504,435
Operating lease liability, net of current portion1,0961,725
Total lease liabilities$4,646$6,160
Weighted-average remaining life (years)1.41.6
Weighted-average discount rate6.7 %6.8 %
The lease costs, which are included in operating expenses in our condensed statements of operations and comprehensive loss, were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Operating lease expense$1,091 $1,064 $2,137 $2,128 
Cash paid for operating lease$1,221 $1,100 $2,386 $2,198 
The following table summarizes our undiscounted cash payment obligations for our operating lease liabilities as of June 30, 2024 (in thousands):
Remainder of 2024$2,487 
20251,663 
2026604 
2027117 
Thereafter— 
Total undiscounted operating lease payments4,871 
Imputed interest expenses(225)
Total operating lease liabilities4,646 
Less: Current portion of operating lease liability(3,550)
Operating lease liability, net of current portion$1,096