Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.24.3
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of right-of-use assets and lease liabilities
                   
        December 31,  
Leases   Classification   2023     2022  
Assets                    
Operating lease assets   Right-of-use lease asset, net(1)   $ 2,648     $ 5,697  
Total leased assets       $ 2,648     $ 5,697  
                     
Liabilities                    
Current                    
Operating   Other accrued expenses   $ 2,290     $ 2,923  
Noncurrent                    
Operating   Other long-term liabilities     547       3,063  
Total lease liabilities       $ 2,837     $ 5,986  

 

 
(1) Operating right of-use lease assets are recorded net of accumulated amortization of $8.0 million and $6.4 million as of December 31, 2023 and 2022, respectively.
Schedule of lease components
                   
        Year Ended
December 31, 		 
Lease Cost   Classification   2023     2022  
Operating lease cost   General and administrative   $ 2,468     $ 2,830  
Amortization of right of use assets   General and administrative     2,135       2,557  
Interest on lease liabilities   General and administrative     262       388  
Total lease cost       $ 4,865     $ 5,775  
Schedule of Future minimum lease payments
       
2024   $ 2,337  
2025     563  
2026     37  
2027     23  
Total lease payments     2,960  
Less: Interest     (123 )
Present value of lease liabilities   $ 2,837  
Schedule of weighted average remaining lease term
     
Weighted Average Remaining Lease Term (Years)   December 31,
2023		  
Operating leases   1.36 years  

 

Weighted Average Discount Rate      
Operating leases     7.21%