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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost The Company recognized the following lease costs in the accompanying condensed consolidated statement of income:
Three Months Ended March 31,
20242023
(in thousands)
Operating lease expense$1,820 $1,333 
Short-term lease expense13 
Variable lease expense373 247 
Total lease expense$2,202 $1,593 
Schedule of Supplemental Information Related to Operating Leases
The following table presents supplemental information related to operating leases:
March 31, 2024December 31, 2023
Weighted average remaining lease term
4.49 years4.51 years
Weighted average discount rate
6.5 %6.2 %
Three Months Ended March 31,
20242023
(in thousands)
Cash paid for amounts included in measurement of lease obligations:
Operating cash flows from operating leases$1,829 $1,363 
Schedule of Future Lease Payments Under Operating Leases As of March 31, 2024, future lease payments under operating leases were as follows:
(in thousands)
2024 (remainder)$4,319 
20255,621
20265,802
20274,537
20283,139
Thereafter2,372
Total future lease payments25,790
Less: imputed interest(3,597)
Total lease liability balance$22,193