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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
Schedule of Supplemental Information Related to Operating Leases

The table below presents supplemental information related to the operating lease:

 

   As of December 31, 
   2023   2022 
Operating lease costs during the year (1)  $1,052   $969 
Cash payments included in the measurement of operating lease liability during the year   486    469 
Weighted-average remaining lease term (in years) as of year-end   0.75    1.75 
Weighted-average discount rate during the year   9.90%   9.90%

 

(1)Operating lease costs is presented net of sublease income that is not material.
Schedule of Operating Lease Costs

The components of operating lease costs were follows:

 

   2023   2022 
   As of December 31, 
   2023   2022 
Operating lease costs:          
General and administrative   1,344    1,187 
Total operating costs (1)   1,344    1,187 
Less sublease income   (292)   (218)
Total operating lease costs  $1,052   $969 

 

(1)Includes certain costs associated with a business membership agreement (see below) that permits access to certain office space for the years ended December 31, 2023 and 2022 of $620 and $668, respectively, and month-to-month lease arrangements for the years ended December 31, 2023 and 2022 of $396 and $320, respectively.
Summary of Maturity of Lease Liabilities

Maturities of the operating lease liability as of December 31, 2023 are summarized as follows:

 

      
Minimum lease payments - 2024  $373 
Less imputed interest   (15)
Present value of operating lease liability  $358 
Current portion of operating lease liability  $358 
Long-term portion of operating lease liability   - 
Total operating lease liability  $358