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Leases (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Leases [Abstract]    
Schedule of effect of lease costs in the company's consolidated statement of operations and comprehensive loss
The following table sets forth information about lease costs for the three months ended March 31, 2024 and 2023 (in thousands):
 
    
Three Months Ended
March 31,
 
Finance lease cost
  
2024
    
2023
 
Amortization of ROU assets
   $ 114      $ 134  
Interest on lease liabilities
     31        42  
Operating lease cost
     351        351  
Short-term lease cost
     176        150  
Variable lease cost
     249        206  
  
 
 
    
 
 
 
Total lease costs
   $ 921      $ 883  
  
 
 
    
 
 
 
The following table sets forth information about lease costs for the years ended December 31, 2023 and 2022 (in thousands):
 
    
Year Ended
December 31,
 
Finance lease cost
  
2023
    
2022
 
Amortization of ROU assets
   $ 488      $ 359  
Interest on lease liabilities
     151        106  
Operating lease cost
     1,404        1,404  
Short-term lease cost
     749        389  
Variable lease cost
     786        907  
Sublease income
     —         (253
  
 
 
    
 
 
 
Total lease costs
   $  3,578      $  2,912  
  
 
 
    
 
 
 
Schedule of information about the company's leases
The following table sets forth information about the Company’s leases for the three months ended March 31, 2024 and 2023 (in thousands):
 
    
Three Months Ended
March 31,
 
Cash paid for amounts included in the measurement of lease
liabilities
  
2024
   
2023
 
Finance leases - financing cash flows
   $ 118     $ 144  
Finance leases - operating cash flows
     31       42  
Operating leases - operating cash flows
     381       370  
Weighted-average remaining lease terms (in years)
    
Finance leases
     2.99       3.97  
Operating leases
     1.84       2.84  
Weighted-average discount rate
    
Finance leases
     9.65     9.54
Operating leases
     8.25     8.25
The following table sets forth information about the Company’s leases for the years ended December 31, 2023 and 2022 (in thousands):
 
   
Year Ended
December 31,
 
Cash paid for amounts included in the measurement of lease liabilities
 
2023
   
2022
 
Finance leases - financing cash flows
  $ 499     $ 393  
Finance leases - operating cash flows
    151       106  
Operating leases - operating cash flows
    1,235       1,470  
ROU assets obtained in exchange for lease liabilities
   
Finance leases
    —        1,340  
Weighted-average remaining lease terms (in years)
   
Finance leases
    3.23       4.19  
Operating leases
    2.09       3.09  
Weighted-average discount rate
   
Finance leases
    9.62     9.49
Operating leases
    8.25     8.25
Schedule in tabular form of maturity of operating and finance leases
The following table presents the maturity of the Company’s finance and operating lease liabilities for the three months ended March 31, 2024 (in thousands):
 
Year ended December 31,
  
Finance Leases
    
Operating Leases
 
2024 (remaining)
   $ 434      $ 1,154  
2025
     552        1,580  
2026
     363        132  
2027
     44        —   
2028
     —         —   
Thereafter
     —         —   
  
 
 
    
 
 
 
Total lease payments
     1,393        2,866  
Less: interest
     (160      (198
  
 
 
    
 
 
 
Total lease liabilities
   $ 1,233      $ 2,668  
  
 
 
    
 
 
 
The following table presents the maturity of the Company’s finance and operating lease liabilities for the year ended December 31, 2023 (in thousands):
 
Year ended December 31,
  
Finance Leases
    
Operating Leases
 
2024
   $ 583      $  1,534  
2025
     552        1,580  
2026
     363        132  
2027
     44        —   
2028
     —         —   
Thereafter
     —         —   
  
 
 
    
 
 
 
Total lease payments
     1,542        3,246  
Less: interest
     (191      (254
  
 
 
    
 
 
 
Total lease liabilities
   $  1,351      $ 2,992