The Company's primary operating lease is for space at a data center which was renewed in April 2022 and expires in 2025.

The Company evaluates new contractual arrangements at inception to determine if the contract is or contains a lease. For any contracts that are or contain a lease, the Company determines the appropriate classification of each identified lease as operating or finance. For all identified leases, the Company records the related lease liabilities and ROU assets based on the future minimum lease payments over the lease term, which only includes options to renew the lease if it is reasonably certain that the Company will exercise that option. For leases with original terms of twelve months or less, the Company recognizes the lease expense as incurred and does not recognize lease liabilities and ROU assets.

Lease liabilities are measured based on the future minimum lease payments discounted over the lease term. The Company uses the discount rate implicit in the lease whenever that rate is readily determinable. For leases where no such rate is determinable, the Company uses its incremental borrowing rate, or the rate of interest that Company would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term and in a similar economic environment. As of March 31, 2023, the weighted-average rate used in discounting the lease liabilities for ROU operating leases was 6.0%. Current and non-current operating lease liabilities are presented on the condensed consolidated balance sheet.

ROU assets are measured based on the associated lease liabilities, adjusted for any lease incentives such as tenant improvement allowances. ROU assets for operating leases are presented as non-current assets on the condensed consolidated balance sheets. The Company

recognizes the expense for operating leases on straight-line basis over the lease term. As of March 31, 2023, the weighted-average remaining lease term for ROU operating leases was 2.0 years.

As of March 31, 2023 and December 31, 2022 the Company had net operating lease ROU assets of $3,606 and $3,844, respectively. Operating lease costs, consisting primarily of rental expense, were approximately $503 and $1,296 for the three months ended March 31, 2023 and 2022, respectively. Variable rent expense was not significant for the three months ended March 31, 2023 or 2022.

The maturities of operating lease liabilities as of March 31, 2023 are as follows:



2023 (remaining nine months)		1,431
2024		1,908
2025		477
Total lease payments		3,816
Less: Amount representing imputed interest		(210	)
Present value of lease liabilities		3,606
Less: Current portion of lease liabilities		(1,749	)
Non-current portion of lease liabilities	$	1,857

Supplemental cash flow information related to operating leases was as follows:


	Three Months Ended		Three Months Ended
	March 31, 2023		March 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	504	$	1,417
ROU assets obtained in exchange for lease liabilities:	$	161	$	—

The Company sublet portions of its San Francisco office space under an agreement that expired in July 2022. Income from subleases is included in other income, net, on the accompanying condensed consolidated statements of comprehensive loss. Sublease income was $271 for the three months ended March 31, 2022.