Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.1.u1
Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Maturities of Lease Liabilities Lease payments assumed by the Assignee are:

 

Payments due in the 12-month period ending March 31,

 

 

 

2025

 

$

1,136

 

2026

 

 

1,136

 

2027

 

 

1,136

 

2028

 

 

1,136

 

2029

 

 

1,136

 

Thereafter

 

 

2,461

 

 

 

$

8,141

 

 

Maturities of lease liabilities due in the 12-month period ending March 31,

 

 

 

 

 

2025

 

$

4,091

 

 

 

2026

 

 

3,481

 

 

 

2027

 

 

3,503

 

 

 

2028

 

 

3,470

 

 

 

2029

 

 

3,120

 

 

 

Thereafter

 

 

6,576

 

 

 

 

 

 

24,241

 

 

 

Less imputed interest

 

 

(2,131

)

 

 

Total lease liabilities

 

$

22,110

 

 

 

 

 

 

 

 

 

Operating lease liability - current

 

$

3,515

 

 

 

Operating lease liability - noncurrent

 

 

18,595

 

 

 

Total lease liabilities

 

$

22,110

 

 

 

Schedule of Right-of-Use Assets and Operating Lease Liabilities

Information related to the Company's right-of-use assets and related operating lease liabilities were as follows:

 

 

Three months ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Cash paid for operating lease liabilities

 

$

1,115

 

 

$

994

 

Operating lease cost

 

 

1,056

 

 

 

957

 

Non-cash right-of-use assets obtained in exchange for new operating lease obligations

 

 

1,224

 

 

 

264

 

Weighted average remaining lease term

 

3.0 years

 

 

2.1 years

 

Weighted average discount rate

 

 

4.8

%

 

 

3.0

%