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Leases
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases
6. Leases

The Company adopted Topic 842 as of January 1, 2022 using the modified retrospective approach.

The Company leases real estate facilities under non-cancelable operating leases with various expiration dates through fiscal year 2026.
During the fiscal year ended December 31, 2022, the Company recorded operating lease costs of $6.8 million and variable lease costs of $0.8 million. During the fiscal year ended December 31, 2022, the Company recognized an immaterial amount for short term lease expense and no sublease income.

The following tables set forth a summary of information pertaining to the Company’s operating leases (dollar amounts in thousands):

Fiscal Year Ended
December 31, 2022
Cash paid for amounts included in the measurement of operating lease liabilities, net of lease incentives$6,740 
December 31, 2022
Weighted average remaining term (years)2.0
Weighted average discount rate3.8 %

Future minimum lease payments under noncancellable operating leases with initial lease terms in excess of one year as of December 31, 2022, were as follows (in thousands):

2023$7,135 
20245,770 
2025809 
2026410 
Gross lease payments14,124 
Less imputed interest(578)
Present value of operating lease liabilities$13,546 

Future minimum lease payments as measured under Topic 840 for noncancellable operating leases as of December 31, 2021, were as follows (in thousands):

2022$7,826 
20237,212 
20245,921 
2025809 
2026410 
Total lease commitments$22,178 
Rent expense for operating leases under Topic 840 was $5.8 million and $5.5 million for the fiscal years ended December 31, 2021 and 2020, respectively.