Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases

Schedule of Company's leases

The quantitative data relates to the Company’s leases are as follows (in thousands):

	December 31,			December 31,
	2023			2022
Finance Lease Amounts:
ROU asset	$	351		$	355
Lease liability	$	571		$	533
Operating Lease Amounts:
ROU assets	$	4,566		$	2,312
Lease liabilities	$	4,625		$	2,363
Finance Lease Cost
Amortization of ROU asset	$	4		$	4
Interest on lease liability	$	38		$	37
Operating Lease Costs	$	566		$	567
Cash paid for amounts included in the measurement of lease liabilities
Finance lease	$	—		$	—
Operating leases	$	511		$	558
Weighted-average remaining lease term
Finance lease		93 years			94 years
Operating leases		8.58 years			6.19 years
Weighted-average discount rate
Finance lease		9.50	%		9.50	%
Operating leases		5.18	%		1.50	%

Maturities of operating lease liabilities

Maturities of lease liabilities at December 31, 2023 are as follows (in thousands):

	Operating		Finance
	Leases		Lease
Years ended December 31:
2024	$	740	$	30
2025		738		30
2026		622		31
2027		637		36
2028		595		36
Thereafter		2,475		4,016
Total lease payments	$	5,807	$	4,179
Interest		(1,182)		(3,608)
Lease liability	$	4,625	$	571

Maturities of financing lease liabilities

	Operating		Finance
	Leases		Lease
Years ended December 31:
2024	$	740	$	30
2025		738		30
2026		622		31
2027		637		36
2028		595		36
Thereafter		2,475		4,016
Total lease payments	$	5,807	$	4,179
Interest		(1,182)		(3,608)
Lease liability	$	4,625	$	571