Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Information Related to Lease Costs

The components of lease expense were as follows (dollars in thousands):

	Three Months Ended June 30,
	2024			2023
Operating lease cost	$	3,074		$	1,816
Finance lease cost
Amortization of lease expense		182			149
Interest on lease liabilities		22			22
Sublease income		(18	)		(252	)
Total lease cost, net	$	3,260		$	1,735

	Six Months Ended June 30,
	2024			2023
Operating lease cost	$	6,233		$	3,568
Finance lease cost
Amortization of lease expense		362			303
Interest on lease liabilities		46			45
Sublease income		(244	)		(499	)
Total lease cost, net	$	6,397		$	3,417

Other information related to leases was as follows (in thousands):

	Three Months Ended June 30,
	2024		2023
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,749	$	1,937
Operating cash flows from finance leases		22		22
Financing cash flows from finance leases		182		149

	Six Months Ended June 30,
	2024		2023
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	5,586	$	3,678
Operating cash flows from finance leases		46		45
Financing cash flows from finance leases		362		303

	Six Months Ended June 30,
	2024			2023
Weighted Average Remaining Lease Term
Operating leases	6.52 years			6.77 years
Finance leases	2.82 years			3.12 years
Weighted Average Discount Rate
Operating leases		6.56	%		5.71	%
Finance leases		5.62	%		5.08	%

Schedule of Future Minimum Operating Lease Payments Under Non-cancelable Leases

The following are future minimum lease payments under non-cancellable leases for the years ending December 31 (in thousands) below:

	Operating Leases		Finance Leases
2024 (excluding the six months ended June 30, 2024)	$	3,411	$	355
2025		6,778		599
2026		6,406		345
2027		5,936		265
2028		5,704		27
Thereafter		12,072		9
Total future minimum lease payments		40,307		1,600
Less: imputed interest		8,331		130
Total lease liabilities		31,976		1,470
Less: current portion		4,884		591
Long-term lease liabilities	$	27,092	$	879

Schedule of Future Minimum Finance Lease Payments Under Non-cancelable Leases

The following are future minimum lease payments under non-cancellable leases for the years ending December 31 (in thousands) below:

	Operating Leases		Finance Leases
2024 (excluding the six months ended June 30, 2024)	$	3,411	$	355
2025		6,778		599
2026		6,406		345
2027		5,936		265
2028		5,704		27
Thereafter		12,072		9
Total future minimum lease payments		40,307		1,600
Less: imputed interest		8,331		130
Total lease liabilities		31,976		1,470
Less: current portion		4,884		591
Long-term lease liabilities	$	27,092	$	879