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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Leasing Activities The Company’s leasing activities are as follows (in thousands):

 

 

 

Year Ended December 31

 

 

 

2023

 

2022

 

Operating lease cost

 

$

331

 

$

2,140

 

Short-term lease cost

 

 

-

 

 

39

 

Total lease cost

 

$

331

 

$

2,179

 

 

 

 

Year Ended December 31

 

 

 

2023

 

2022

 

Other information:

 

 

 

 

 

Cash paid for operating leases

 

$

351

 

$

1,554

 

Weighted-average remaining lease term - operating lease

 

 

298

 

 

2.85

 

Weighted-average discount rate - operating lease

 

 

 

 

10

%

 

Schedule of Future Minimum Rental Payments for Operating Leases

The future minimum lease payments as of December 31, 2023, were as follows (in thousands):

 

Year

 

Related-Party Commitment

 

2024

 

$

366

 

2025

 

 

383

 

2026

 

 

76

 

Thereafter

 

 

148

 

Total minimum lease payments

 

$

973

 

Less: imputed interest

 

 

(132

)

Total lease liabilities

 

$

841