Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Lease, Cost

The components of lease expense and supplemental information were as follows (dollars in thousands):

	Year Ended December 31,
	2023			2022
Operating lease cost	$	4,153		$	3,690
Variable lease costs		397			599
Short-term lease costs		22			263
Total lease costs	$	4,572		$	4,552
Weighted-average remaining lease term (in years)		8.7			9.8
Weighted-average incremental borrowing rate		6.2	%		6.2	%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases are as follows (in thousands):

	Year Ended December 31,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities	$	3,941	$	2,200
Lease liability obtained in exchange for right-of-use assets	$	514	$	6,855

Schedule of Future Minimum Commitments

As of December 31, 2023, future minimum commitments under the Company’s non-cancelable facility operating leases are as follows:

Years ending December 31,	(in thousands)
2024	$	3,969
2025		3,846
2026		3,957
2027		4,072
2028		4,191
Thereafter		16,874
Total undiscounted future minumum lease payments		36,909
Present value adjustment for minimum lease commitments		(8,650	)
Total operating lease liabilities	$	28,259