Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows (in thousands):

Leases	Classification	September 30, 2023		December 31, 2022
Assets
Right-of-use assets	Operating lease right-of-use assets	$	10,690	$	12,831
Finance lease	Property and equipment, net	1,825		1,606
Total leased assets		$	12,515	$	14,437

Liabilities	Classification	September 30, 2023		December 31, 2022
Operating lease liabilities
Operating lease liabilities, current	Operating lease liabilities	$	2,511	$	2,810
Operating lease liabilities, non-current	Operating lease liabilities, net of current portion	9,466		11,352
Total Operating lease liabilities		$	11,977	$	14,162
Finance lease liabilities
Finance lease liabilities, current	Accrued liabilities	$	818	$	485
Finance lease liabilities, non-current	Other long-term liabilities	1,052		825
Total Finance lease liabilities		$	1,870	$	1,310

Weighted-average remaining lease term and discount rate, as of September 30, 2023, were as follows:

Lease Term and Discount Rate	September 30, 2023
Weighted-average remaining lease term (years)
Operating leases	4.4
Finance leases	2.5
Weighted-average discount rate
Operating leases	4.8	%
Finance leases	8.9	%

Schedule of Lease Costs

Lease costs during the three and nine months ended September 30, 2023 and 2022 (in thousands) was as follows:

		Three Months Ended September 30,				Nine Months Ended September 30,
Lease costs	Classification	2023		2022		2023		2022
Finance lease cost	Amortization expense	$	209	$	148	$	507	$	487
Finance lease cost	Interest for finance lease	$	23	$	17	$	61	$	54
Operating lease cost	Operating lease expense	$	921	$	883	$	2,701	$	2,678

Cash paid for amounts included in the measurement of lease liabilities during the nine months ended September 30, 2023 and 2022 was as follows (in thousands):

		Nine Months Ended September 30,
Cash paid for amounts included in the measurement of lease liabilities	Classification	2023		2022
Operating cash flow	Finance lease	$	62	$	56
Financing cash flow	Finance lease	$	386	$	391
Operating cash flow	Operating lease	$	2,449	$	1,682

Schedule of Maturities of Facility Leases

Maturities of facility leases were as follows as of September 30, 2023 (in thousands):

As of September 30, 2023	Amount
Remainder of 2023	$	814
2024	2,924
2025	2,932
2026	3,027
2027	3,130
2028 and thereafter	462
Total lease payments	13,289
Less: imputed interest	1,312
Present value of lease liabilities	$	11,977

Schedule of Minimum Finance Lease Payments

As of September 30, 2023, the Company was committed to minimum lease payments for vehicles leased under long-term non-cancelable finance (vehicle) leases as follows (in thousands):

As of September 30, 2023	Amount
Remainder of 2023	$	251
2024	878
2025	600
2026	341
Total lease payments	2,070
Less: imputed interest	200
Present value of lease liabilities	$	1,870

Schedule of Operating Lease Income

The following table summarizes the amount of operating lease income included in product revenue in the accompanying condensed consolidated statements of operations (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
AviClear operating lease license fee revenue	$	1,324	$	246	$	3,916	$	285
AviClear operating lease revenue	2,565		909		8,504		1,006
Total AviClear revenue	$	3,889	$	1,155	$	12,420	$	1,291

Schedule of Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity

The following is the minimum future lease payments as of September 30, 2023, under non-cancelable operating leases, assuming the minimum contractual lease term (in thousands):

As of September 30, 2023	Amount
Remainder of 2023	$	1,082
2024	5,924
2025	3,476
Total AviClear revenue	$	10,482