XML 37 R28.htm IDEA: XBRL DOCUMENT v3.23.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Terms and Discount Rate

The following table summarizes lease terms and discount rate:

 

 

 

September 30,
2023

 

 

December 31,
2022

 

Weighted-average remaining lease term (years)

 

 

4.7

 

 

5.0

 

Weighted-average discount rate

 

 

4.76

%

 

 

4.79

%

Schedule of Cash Flow and Other Information

The following table summarizes the cash flow and other information:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(in thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Operating lease liabilities arising from obtaining right-of-use assets (non-cash)

 

$

723

 

 

$

38

 

 

$

1,782

 

 

$

215

 

Operating cash flows used in operating leases

 

$

316

 

 

$

185

 

 

$

865

 

 

$

669

 

Schedule of Future Minimum Lease Payments Under Non-cancelable Operating Leases

As of September 30, 2023, the Company had the following future minimum lease payments under non-cancelable operating leases for the remainder of 2023 and the future years thereafter (in thousands):

 

Year ending December 31:

 

 

 

2023

 

$

344

 

2024

 

 

1,372

 

2025

 

 

1,341

 

2026

 

 

1,310

 

2027

 

 

820

 

Thereafter

 

 

1,195

 

Total lease payments

 

 

6,382

 

Less: interest

 

 

(453

)

Total lease liability

 

$

5,929

 

Lease liabilities, current

 

$

1,117

 

Lease liabilities, net of current portion

 

$

4,812