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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Lease, Cost
The following table presents various components of the lease costs (in thousands):
Operating LeasesThree Months Ended March 31,
20242023
Operating lease cost$2,731 $2,494 
Short-term lease cost101 174 
Variable lease cost911 785 
The weighted-average remaining term of the Company's operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount RateMarch 31, 2024March 31, 2023
Weighted-average remaining lease term (in years)5.24.6
Weighted-average discount rate9.5 %7.8 %
The following table presents supplemental information arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of the operating lease liabilities, and as such, are excluded from the amounts below (in thousands):
Three Months Ended March 31,
Supplemental Cash Flow Information:20242023
Cash payments included in the measurement of operating lease liabilities$3,503 $2,326 
Operating right-of-use ("ROU") assets obtained in exchange for lease obligations311 — 
Lessee, Operating Lease, Liability, Maturity
As of March 31, 2024, maturities of the operating lease liabilities are as follows (in thousands):
Operating Leases
Remainder of 2024$1,277 
20259,712 
20266,863 
20275,658 
20284,954 
Thereafter7,201 
Total lease payments35,665 
Less: imputed interest(9,330)
Present value of operating lease liabilities$26,335