Leases (Tables)

3 Months Ended

Mar. 31, 2024

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 months ended March 31, 2024 and 2023 lease costs were as follows:

	Three Months Ended March 31,
	2024		2023
	(in thousands)
Operating lease cost	$	1,193	$	781
Variable lease cost	76		194
Short-term lease cost	54		98
Total lease cost	$	1,323	$	1,073

Supplemental information related to operating lease transactions is as follows:

	Three Months Ended March 31,
	2024		2023
	(in thousands)
Lease liability payments	$	1,168	$	727
Lease assets obtained in exchange for liabilities	$	853	$	1,022
Non-cash net change in lease assets due to lease modifications	$	40	$	—
Non-cash net change in lease liability due to lease modifications	$	(40)	$	—

Weighted average remaining lease term and discount rate as of March 31, 2024 and December 31, 2023 is as follows:

	As of
	March 31, 2024		December 31, 2023
Weighted average remaining lease term, in years	3.2		3.4
Weighted average discount rate	7.2	%	7.0	%

Schedule of Operating Lease Maturities

As of March 31, 2024, operating lease liabilities will mature as follows:

	Lease Payments
	(in thousands)
2024 (excluding three months ended March 31, 2024)	$	3,461
2025	3,700
2026	2,331
2027	2,015
2028	285
Thereafter	268
Total lease payments	12,060
Less: imputed interest	(1,403)
Total	$	10,657