Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Schedule of Lease Cost and Supplemental Lease Information

Operating lease expense is recorded on a straight-line basis over the lease term. During the three and six months ended June 30, 2023 and June 30, 2022 lease costs were as follows:

	Three months ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in thousands)
Operating lease cost	$	939	$	858	$	1,720	$	1,552
Variable lease cost	68		(96)		262		(72)
Short-term lease cost	98		28		196		267
Total lease cost	$	1,105	$	790	$	2,178	$	1,747

Supplemental information related to operating lease transactions is as follows:

	Three months ended March 31,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in thousands)
Lease liability payments	$	913	$	752	$	1,640	$	1,618
Lease assets obtained in exchange for liabilities	$	3,614	$	1,514	$	4,636	$	1,514
Non-cash net change in lease assets due to lease modifications	$	26	$	(858)	$	26	$	(886)
Non-cash net change in lease liability due to lease modifications	$	(26)	$	858	$	(26)	$	886

Weighted average remaining lease term and discount rate as of June 30, 2023 is as follows:

	As of
	June 30, 2023		December 31, 2022
Weighted average remaining lease term, in years	3.6		2.8
Weighted average discount rate	6.4	%	4.7	%

Schedule of Operating Lease Maturities

As of June 30, 2023, operating lease liabilities will mature as follows:

Years ending December 31, (in thousands)	Lease Payments
2023 (excluding six months ended June 30, 2023)	$	2,121
2024	4,060
2025	3,092
2026	2,219
2027	1,844
2028	89
Total lease payments	13,425
Less: imputed interest	(1,589)
Total	$	11,836