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Lease (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows (dollars in thousands):

 

 

Year Ended

 

 

 

December 31,

 

 

2023

 

 

2022

 

 

2021

 

Cash payments for operating leases

 

$

4,188

 

 

$

3,345

 

 

$

3,390

 

Right-of-use assets obtained in exchange for operating lease obligations

 

 

1,476

 

 

 

1,401

 

 

 

1,311

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

 

December 31,

 

 

2023

 

 

2022

 

Weighted-average remaining lease term

 

5.4 years

 

 

6.5 years

 

Weighted-average discount rate

 

 

8.5

%

 

 

8.4

%

Future Minimum Non-Cancelable Lease Payments Under Operating Leases

Future minimum non-cancelable payments under operating leases as of December 31, 2023, were as follows (in thousands):

 

 

Operating Leases

 

2024

 

 

$

3,638

 

2025

 

 

 

3,268

 

2026

 

 

 

3,128

 

2027

 

 

 

3,419

 

2028

 

 

 

3,811

 

Thereafter

 

 

 

4,172

 

Total future lease payments

 

 

$

21,436

 

Less imputed interest

 

 

 

5,233

 

Present value of lease liabilities (1)

 

 

$

16,203

 

 

(1) Lease liabilities include those operating leases that we plan to sublease as a part of our facilities consolidation restructuring efforts. See Note 7 for additional information.