Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Lease Liability (Tables)

v3.24.1.1.u2
Note 9 - Lease Liability (Tables)
3 Months Ended
Mar. 31, 2024
Lessee Disclosure [Abstract]  
Summary of Minimum Payments, Undiscounted, Under Operating Leases

Minimum payments, undiscounted, under our operating leases are as follows:

 

Years ending December 31,

 

 

 

2024

 

$

344

 

2025

 

 

462

 

2026

 

 

197

 

Total

 

$

1,003

 

Summary of Weighted Average Remaining Term of Leases and Weighted Average Discount Rate

The following table presents the weighted average remaining term of the leases and the weighted average discount rate:

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Weighted-average remaining term – operating leases (years)

 

 

1.9

 

 

 

2.4

 

Weighted-average discount rate – operating leases

 

 

7.38

%

 

 

7.38

%

 

 

 

 

 

 

 

Lease liability, current portion

 

$

399

 

 

$

394

 

Lease liability, long-term portion

 

 

520

 

 

 

621

 

Total

 

$

919

 

 

$

1,015

 

Summary of Operating Lease Costs and Operating Cash Flows from Operating Leases

Operating lease costs and operating cash flows from our operating leases are as follows:

 

 

 

Three months ended March 31,

 

 

 

2024

 

 

2023

 

Operating lease cost

 

$

112

 

 

$

128

 

Operating cash flows from operating leases

 

$

115

 

 

$

128