Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
Schedule of Right of Use Assets

The following table shows the activity of the ROU assets:

 

    December 31,  
    2023     2022  
Beginning Balance, January 1   $ 66     $  
Adoption of ASC 842           1,805  
Derecognition of deferred rent liability           (142 )
Impairment of ROU asset           (978 )
Derecognition on cancelation of lease           (221 )
Additions     255        
Amortization     (266 )     (398 )
Ending Balance, December 31   $ 55     $ 66  
Schedule of Lease Liability

The following table shows the activity of the lease liability:

 

    December 31,  
    2023     2022  
Beginning Balance, January 1   $ 66     $  
Adoption of ASC 842           1,805  
Derecognition on cancelation of lease           (1,211 )
Additions     255        
Principal payments     (266 )     (528 )
Ending Balance, December 31     55       66  
Less short-term portion     55       66  
Long-term lease liability   $     $  
Schedule of Future Minimum Lease Payments under Noncancelable Operating Lease Commitments

Future minimum lease payments under noncancelable operating lease commitments were as follows as of December 31, 2023:

 

         
2024   $ 56  
Total undiscounted minimum lease commitments   $ 56  
Effect of discounting     (1 )
Lease liabilities at December 31, 2023   $ 55