Other Assets Components of other assets were as follows at the dates indicated (in thousands):
| | | | | | | | | | | | | March 31, | | December 31, | | 2024 | | 2023 | | | | | Insurance collateral deposits | $ | 605 | | | $ | 605 | | State collateral deposits | 23 | | | 23 | | Materials and supplies | 948 | | | 1,050 | | Debt issuance costs | 1,175 | | | 1,259 | | Other | 373 | | | 371 | | Total other assets | $ | 3,124 | | | $ | 3,308 | |
We have established certain deposits to support participation in our liability insurance program and remittance of state crude oil severance taxes and other state collateral deposits. Insurance collateral deposits are held by the insurance company to cover past or potential open claims based upon a percentage of the expected losses under the insurance programs. Insurance collateral deposits are invested at the discretion of our insurance carrier.
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