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LEASES

9 Months Ended

Sep. 30, 2023

8. LEASES

We have operating leases for warehouses, office space, and data centers. Our leases have remaining lease terms of one year to four years, some of which may include options to extend the leases perpetually, and some of which may include options to terminate the leases within one year.

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


	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
Operating lease cost	$	1,344	$	1,507	$	4,242	$	4,585

Variable lease cost	370		291		1,117		1,053

The following table provides a summary of other information related to leases (in thousands):


	Nine months ended September 30,
	2023		2022

Cash payments included in operating cash flows from lease arrangements	$	4,475	$	4,776
Right-of-use assets obtained in exchange for new operating lease liabilities	836		344

The following table provides supplemental balance sheet information related to leases:


	September 30, 2023		December 31, 2022
Weighted-average remaining lease term—operating leases	1.67 years		2.04 years
Weighted-average discount rate—operating leases	7	%	7	%

Maturity of lease liabilities under our non-cancellable operating leases as of September 30, 2023, are as follows (in thousands):


Payments due by period	Amount
2023 (Remainder)	$	1,030
2024	2,987
2025	689
2026	250
2027	83
Thereafter	—
Total lease payments	5,039
Less interest	361
Present value of lease liabilities	$	4,678