6. Leases

Further information regarding our other office leases and accounting thereof are located in Note 2, “Summary of Significant Accounting Policies,” and Note 9, “Leases,” in our Annual Report on Form 10-K filed with the SEC on March 15, 2024.

We recognize lease expense on a straight-line basis over the lease term with variable lease expense recognized in the period in which the costs are incurred. The components of lease expense are included in general and administrative expense in our condensed consolidated statement of operations and comprehensive loss. Lease expense for the three months ended June 30, 2024 and 2023 was $174 and $324, respectively. Lease expense for the six months ended June 30, 2024 and 2023 was $344 and $649, respectively. The weighted-average remaining lease term for operating leases as of June 30, 2024 was 2.93 years.

Future minimum lease obligations are set forth below:

Schedule of Future Minimum Lease Obligation