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Operating Leases
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Operating Leases Operating Leases
The Company leases approximately 50,800 square feet of office space for its corporate headquarters and manufacturing facility in Carlsbad, California under a non-cancelable operating lease that expires on December 31, 2027. The lease is subject to variable charges for common area maintenance and other costs that are determined annually based on actual costs. The base rent is subject to an annual increase each year. The Company has a renewal option for an additional five-year term upon the expiration date of the lease, which has been excluded from the calculation of the right-of-use asset as it is not reasonably certain to be exercised.
Additionally, the Company leases approximately 3,900 square feet of office space in Zaventem, Belgium under a non-cancelable operating lease that expires on December 31, 2024. The lease is subject to variable charges that are determined annually for common area maintenance and other costs based on actual costs, and base rent is subject to an annual increase each year based on an index rate.

The Carlsbad and Belgium leases were not impacted by the Restructuring. The Carlsbad office will continue as the corporate headquarters and the facility to manufacture the Products. The Belgium office will continue to facilitate the upkeep of the Company's CE Mark.
The following table summarizes quantitative information about the Company’s operating leases for the three months ended March 31, 2024 and 2023 (dollars in thousands):
Three Months Ended March 31,
20242023
(unaudited)
Operating cash flows from operating leases$290 $281
Weighted average remaining lease term – operating leases (in years)3.74.7
Weighted average discount rate – operating leases7.0 %7.0 %

The following table provides the components of the Company’s operating lease expense for the three months ended March 31, 2024 and 2023 (in thousands):

Three Months Ended March 31,
20242023
(unaudited)
Operating leases
Operating lease cost$258 $251 
Variable lease cost91 81 
Total operating lease expense$349 $332 
As of March 31, 2024, future minimum payments under the non-cancelable operating leases under ASC 842 were as follows (in thousands):
Nine months ending December 31, 2024$871 
Year ending December 31, 20251,160 
Year ending December 31, 20261,151 
Year ending December 31, 20271,185 
Year ending December 31, 20281,221 
Total5,588 
Less: present value discount(1,744)
Operating lease liabilities$3,844