Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.2.u1
Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Maturities of Lease Liabilities Lease payments assumed by the Assignee are:

 

Payments due in the 12-month period ending June 30,

 

 

 

2025

 

$

1,136

 

2026

 

 

1,136

 

2027

 

 

1,136

 

2028

 

 

1,136

 

2029

 

 

1,136

 

Thereafter

 

 

2,177

 

 

 

$

7,857

 

 

Maturities of lease liabilities due in the 12-month period ending June 30,

 

 

 

 

 

2025

 

$

3,906

 

 

 

2026

 

 

3,616

 

 

 

2027

 

 

3,645

 

 

 

2028

 

 

3,388

 

 

 

2029

 

 

3,103

 

 

 

Thereafter

 

 

5,800

 

 

 

 

 

 

23,458

 

 

 

Less imputed interest

 

 

(2,020

)

 

 

Total lease liabilities

 

$

21,438

 

 

 

 

 

 

 

 

 

Operating lease liability - current

 

$

3,332

 

 

 

Operating lease liability - noncurrent

 

 

18,106

 

 

 

Total lease liabilities

 

$

21,438

 

 

 

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:

 

 

Six months ended

 

 

 

June 30,

 

 

 

2024

 

 

2023

 

Cash paid for operating lease liabilities

 

$

2,290

 

 

$

1,986

 

Operating lease cost

 

 

2,163

 

 

 

1,920

 

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

 

 

1,566

 

 

 

264

 

Weighted average remaining lease term

 

2.7 years

 

 

2.0 years

 

Weighted average discount rate

 

 

4.9

%

 

 

3.0

%