Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Schedule of Amounts Reported In The Balance Sheet In Respect Of Operating Lease Assets And Corresponding Liabilities

Amounts reported in the unaudited condensed consolidated balance sheet for leases where the Company is the lessee as of September 30, 2024 and December 31, 2023 were as follows (in thousands):

	September 30, 2024		December 31, 2023
Assets:
Operating lease right-of-use assets	$	5,869	$	6,301
Total operating lease right-of-use assets	$	5,869	$	6,301
Liabilities:
Current:
Operating lease liabilities	$	1,027	$	538
Noncurrent:
Operating lease liabilities, net of current portion		5,793		6,248
Total operating lease liabilities	$	6,820	$	6,786

Schedule of Operating Lease Cost and Variable Lease Costs and Sub Lease Income

The following table summarizes operating lease costs for the nine months ended September 30, 2024 and 2023 (in thousands):

	September 30,
	2024		2023
Fixed lease costs	$	772	$	749
Variable lease costs		33		55
Total lease costs	$	805	$	804

Schedule of Maturities of Operating Lease Liabilities

Future minimum lease payments under non-cancelable lease agreement as of September 30, 2024 and a reconciliation to the carrying amount of the lease liabilities presented in the consolidated balance sheet are as follows (in thousands):

	Minimum Rental Payments
2024 (fourth quarter)	$	691
2025		1,060
2026		1,092
2027		1,124
2028		1,158
Thereafter		3,687
Total minimum lease payments		8,812
Less imputed interest		(1,992	)
Total lease liability	$	6,820
Lease liability, current portion		1,027
Lease liability, net of current portion		5,793
Total	$	6,820