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Commitments, contingencies and guarantees
 12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments, contingencies and guarantees Facility Leases. The Company leases its facilities under long-term operating leases, which expire at various dates through 2027.
The components of net lease cost, which were primarily recorded in operating expenses, were as follows:
Year ended December 31,
(in thousands)202220212020
Operating lease cost (1)
$11,060 $11,566 $14,815 
Sublease income(2,907)(964)(526)
Right-of-use asset impairment cost— — 12,460 
Net lease cost$8,153 $10,602 $26,749 
(1)    Operating lease cost includes variable lease costs, which are immaterial.

Supplemental cash flow information related to leases was as follows:
Year ended December 31,
(in thousands)202220212020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$14,595 $14,902 $14,310 
Right-of-use assets obtained in exchange for operating lease liabilities1,221 2,475 1,343 
Operating lease modification to decrease right-of-use assets(232)— (2,251)

Supplemental balance sheet information related to leases was as follows:
December 31, 2022December 31, 2021
Weighted-average remaining lease term (in years) - operating leases3.814.64
Weighted-average discount rate - operating leases6.1%6.0%

As of December 31, 2022, maturities of operating lease liabilities were as follows:
(in thousands)
December 31, 2022
2023$12,054 
202412,251 
202511,879 
202611,727 
2027973 
Thereafter— 
Total lease payments48,884 
Less: Imputed interest(5,733)
Present value of lease liabilities$43,151 
Other Commitments. In the ordinary course of business, the Company enters into multi-year agreements to purchase sponsorships with event organizers, resorts and athletes as part of its marketing efforts; software licenses related to its financial and IT systems; debt agreements; and various other contractual commitments. As of December 31, 2022, future commitments were as follows:
(in thousands)
Total20232024202520262027Thereafter
Other contractual commitments78,955 52,472 25,050 1,433 — — — 
Long-term debt (1)
149,141 1,797 1,797 145,547 — — — 
Total contractual cash obligations
$228,096 $54,269 $26,847 $146,980 $— $— $— 
(1)    The Company's convertible senior note is due in November 2025. The balances include accrued and unpaid interest as of December 31, 2022. Refer to Note 4 Financing arrangements.

Legal proceedings and investigations. Since 2015, Contour IP Holdings LLC (CIPH) and related entities have filed lawsuits in various federal district courts alleging, among other things, patent infringement in relation to certain GoPro products. Following litigation in federal courts and the United States Patent and Trademark Office, CIPH’s patents were ruled invalid in March 2022. Judgment was then entered in favor of the Company and against CIPH. CIPH later appealed, and the appeal is pending at the Federal Circuit. The Company believes that the appeal lacks merit and intends to vigorously defend against CIPH's appeal.
The Company regularly evaluates the associated developments of the legal proceeding described above, as well as other legal proceedings that arise in the ordinary course of business. While litigation is inherently uncertain, based on the currently available information, the Company is unable to determine a loss or a range of loss, and does not believe the ultimate cost to resolve these matters will have a material adverse effect on its business, financial condition, cash flows or results of operations.
Indemnifications. The Company has entered into indemnification agreements with its directors and executive officers which requires the Company to indemnify its directors and executive officers against liabilities that may arise by reason of their status or service. In addition, in the normal course of business, the Company enters into agreements that contain a variety of representations and warranties, and provide for general indemnification. The Company’s exposure under these agreements is unknown because it involves claims that may be made against the Company in the future, but have not yet been made. It is not possible to determine the maximum potential amount under these indemnification agreements due to the Company’s limited history with indemnification claims and the unique facts and circumstances involved in each particular agreement. As of December 31, 2022, the Company has not paid any claims nor has it been required to defend any action related to its indemnification obligations. However, the Company may record charges in the future as a result of these indemnification obligations.