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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Operating Lease Right-of-Use Assets and Lease Liabilities

We present below the operating lease right-of-use assets and lease liabilities as of December 31, 2023 (in thousands):

 

 

 

December 31, 2023

ASSETS

 

 

Operating lease right-of-use assets

 

$21,645

 

 

 

LIABILITIES

 

 

Operating lease liabilities, current (included in accrued and other liabilities)

 

$6,428

Operating lease liabilities, long-term

 

17,694

Total operating lease liabilities

 

$24,122

Aggregate Future Minimum Lease Payments Under Noncancelable Operating Leases

Aggregate future minimum lease payments under noncancelable operating leases as of December 31, 2023 are as follows (in thousands):

Year Ending December 31,

 

 

 

2024

 

$

7,096

 

2025

 

 

6,729

 

2026

 

 

3,690

 

2027

 

 

3,769

 

2028

 

 

3,823

 

Thereafter

 

 

735

 

Total minimum payments required

 

 

25,842

 

Less short-term leases

 

 

(97

)

Less imputed interest

 

 

(1,623

)

Total operating lease liabilities

 

$

24,122

 

Schedule of Other Information Related to Leases

Weighted average remaining lease term

 

4.1 years

 

Weighted average discount rate

 

 

4

%

Supplemental cash flow information - operating cash flows (in thousands):

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

Operating cash flows for operating leases

 

$

7,016