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Leases
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Leases Leases
The Company leases facilities for its offices, research and development center, and manufacturing facilities in mainland China, Hong Kong, Taiwan, and the United States. Lease terms vary based on the nature of operations and market dynamics; however, all leased facilities are classified as operating leases with remaining lease terms between one and five years.
The following table presents operating lease costs ($ in thousands). Total lease expense related to short-term leases was insignificant for those periods presented.
Year Ended December 31,
202320222021
Operating fixed lease cost8,691 8,774 6,263 
The following table presents operating cash flows related to leases ($ in thousands):
Year Ended December 31,
202320222021
Cash paid for amounts included in measurement of lease liabilities9,317 8,084 5,840 
Non-cash operating lease liabilities arising from obtaining operating right-of-use assets3,668 14,801 2,183 
The maturities of lease liabilities in accordance with ASC Topic 842, Leases in each of the next five years and thereafter were as follows ($ in thousands):
Year Ended
December 31, 2023
20247,444 
20255,143 
20261,811 
2027822 
2028391 
Thereafter— 
Total lease payments15,611 
Less: imputed interest(460)
Present value of minimum operating lease payments15,151 
Weighted-average remaining lease terms and discount rates are as follows:
December 31,
20232022
Weighted-average remaining lease term2.5 years2.6 years
Weighted-average discount rate3.0 %3.4 %