Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2023

Lease Commitments

Quantitative information regarding the Company’s leases is as follows:

Quantitative information regarding the Company’s leases is as follows:

	Twelve Months Ended December 31, 2023			Twelve Months Ended December 31, 2022
Components of lease cost
Finance lease cost components:
Amortization of finance lease assets	$	—		$	33
Interest on finance lease liabilities		—			4
Total finance lease costs		—			37
Operating lease cost components:
Operating lease cost		1,881			2,068
Variable lease cost		581			536
Short-term lease cost		112			138
Sub-lease income		(786	)		(689	)
Total operating lease costs		1,788			2,053
Total lease cost	$	1,788		$	2,090

Supplemental cash flow information related to leases is as follows for the years ended December 31, 2023 and 2022:

Supplemental cash flow information related to leases is as follows for the years ended December 31, 2023 and 2022:

	2023			2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow from operating leases	$	172		$	1,433
Lease liabilities arising from obtaining right-of-use assets	$	182		$	12
Early termination of operating lease		—			73
Reduction in right of use asset due to remeasurement		—			(1,793	)
Reduction in lease liability due to remeasurement		—			(1,898	)
Weighted-average remaining lease term-operating leases (in years)		7.9			9.6
Weighted-average discount rate-operating leases		7.1	%		7.6	%

The future maturities of the Company’s operating leases as of December 31, 2023 are as follows:

The future maturities of the Company’s operating leases as of December 31, 2023 are as follows:

2024	$	1,968
2025		1,483
2026		1,481
2027		1,520
2028		1,549
Thereafter		5,613
Total payments	$	13,614
Less amounts representing interest		(3,165	)
Total minimum payments required	$	10,449

The future undiscounted lease payments associated with this arrangement are provided below, and only include the period for which enforceable rights and obligations exist as of the date of financial statement issuance.

The future undiscounted lease payments associated with this arrangement are provided below, and only include the period for which enforceable rights and obligations exist as of the date of financial statement issuance.

Months
	For the Year
Months	2024		2025
January - May	$	124,015	$	128,640
June - December		173,621		—
Total	$	297,636	$	128,640