Leases (Additional Information) (Details) - USD ($) $ in Thousands |
6 Months Ended | ||||
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Feb. 24, 2024 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Dec. 31, 2023 |
Oct. 01, 2023 |
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Lessee, Lease, Description [Line Items] | |||||
Weighted average remaining lease term | 9 months 18 days | 1 year 6 months | |||
Operating lease liability | $ 953 | ||||
Additional in fixed undiscounted lease payments | $ 310 | ||||
Weighted average discount rate | 10.40% | 9.50% | |||
Operating lease payments | $ 2,220 | $ 1,139 | |||
Wuxi Agreement Member | |||||
Lessee, Lease, Description [Line Items] | |||||
Work orders terms | The terms of the August 2023 work orders included both fixed costs and contingent variable costs. The lease commenced October 1, 2023, and a right of use asset and lease liability of $953 was initially recorded for the fixed payments. In the first quarter of 2024, the contingency related to the variable costs was resolved and the lease was remeasured, resulting in an increase in the right of use asset and lease liability of $4,032. The Company may terminate the Dedicated Suite lease for convenience with six months’ prior written notice and a $1,080 termination fee if both the CABA-201 and MuSK-CAART work orders are terminated. In August 2024, the 2023 work order related to GMP manufacturing was amended to reduce the minimum monthly runs through the end of 2024, resulting in a reduction to future lease payments of approximately $1,500. | ||||
Termination fees | $ 1,080 | ||||
Additional in fixed undiscounted lease payments | $ 4,032 | ||||
Reduction to Future Lease Payments | $ 1,500 |
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- Definition Reduction to Future Lease Payments No definition available.
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- Definition Termination Fees No definition available.
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- Definition Work Orders Term No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Remaining lease term of operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Present value of lessee's discounted obligation for lease payments from operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average discount rate for operating lease calculated at point in time. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Details
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