Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lease, Cost

The components of the Company’s operating lease costs consisted of the following (in thousands):

	Years Ended December 31,
	2022		2021		2020
Operating lease cost	$	1,333	$	1,316	$	1,617
Variable lease cost	301		243		315
Total lease cost	$	1,634	$	1,559	$	1,932

Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):

	Years Ended December 31,
	2022		2021		2020
Cash paid for amounts included in the measurement of lease liabilities and right of use assets:
Operating cash flow from operating leases	$	1,241	$	1,271	$	1,603
Right of use assets obtained in exchange for lease obligations:
Operating leases	$	18	$	926	$	264
Increases to right of use assets resulting from lease modifications:
Operating leases	$	1,050	$	—	$	—

Weighted average remaining lease terms and discount rates for the Company’s operating leases are as follows:

	2022	2021
	Years	Years
Weighted average remaining lease term:	6.7	6.3
	Rate	Rate
Weighted average discount rate:	7.1%	7.5%

Lessee, Operating Lease, Liability, Maturity

Future maturities of lease liabilities as of December 31, 2022 are as follows (in thousands):

	Operating Leases (a)
2023	$	1,159
2024	1,064
2025	1,033
2026	998
2027	826
Thereafter	2,016
Total undiscounted lease payments	7,096
Less: Imputed interest	(2,404)
Total lease liabilities	$	4,692
(a) Excludes $1.8 million of legally binding minimum lease payments for an office lease signed but not yet commenced. This lease has an expected term of 7 years and is expected to commence in 2023.