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Leases
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company leases office and manufacturing facilities under non-cancelable operating leases expiring at various dates through August 2032. Some of the Company’s leases include one or more options to renew, with renewal terms that if exercised by the Company, extend the lease term from one to six years. The exercise of these renewal options is at the Company’s discretion. The Company’s lease agreements do not contain any material terms and conditions of residual value guarantees or material restrictive covenants. The Company’s short-term leases and sublease income were not material.
The components of lease expenses were as follows (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2024202320242023
Operating lease cost$2,948 $2,028 $5,669 $4,000 
Variable lease cost331 518 658 1,034 
Total operating lease cost$3,279 $2,546 $6,327 $5,034 
Supplemental cash flow information related to leases was as follows (in thousands):
Six Months Ended June 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Cash paid for operating leases included in operating activities$(5,213)$(3,881)
Right of use assets obtained in exchange for lease obligations:
Operating leases3,842 2,948 
Supplemental balance sheet information related to leases was as follows (in thousands):
June 30, 2024December 31, 2023
Operating leases:
Operating lease right-of-use assets$44,408 $42,706 
Operating lease liabilities:
Operating lease liabilities, current$11,370 $10,154 
Operating lease liabilities, non-current36,207 35,079 
Total operating lease liabilities$47,577 $45,233 
Weighted average remaining terms were as follows (in years):
June 30, 2024December 31, 2023
Weighted average remaining lease term
Operating leases5.205.61
Weighted average discount rates were as follows:
June 30, 2024December 31, 2023
Weighted average discount rate
Operating leases6.30 %6.45 %
Maturities of lease liabilities were as follows (in thousands):
Operating Leases
Year Ending December 31,
2024 (remaining six months)
$5,872 
202511,713 
202611,447 
202710,525 
20287,420 
20292,455 
Thereafter6,491 
Total lease payments55,923 
Less: imputed interest(8,346)
Total leases liabilities$47,577 
Leases Leases
The Company leases office and manufacturing facilities under non-cancelable operating leases expiring at various dates through August 2032. Some of the Company’s leases include one or more options to renew, with renewal terms that if exercised by the Company, extend the lease term from one to six years. The exercise of these renewal options is at the Company’s discretion. The Company’s lease agreements do not contain any material terms and conditions of residual value guarantees or material restrictive covenants. The Company’s short-term leases and sublease income were not material.
The components of lease expenses were as follows (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2024202320242023
Operating lease cost$2,948 $2,028 $5,669 $4,000 
Variable lease cost331 518 658 1,034 
Total operating lease cost$3,279 $2,546 $6,327 $5,034 
Supplemental cash flow information related to leases was as follows (in thousands):
Six Months Ended June 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Cash paid for operating leases included in operating activities$(5,213)$(3,881)
Right of use assets obtained in exchange for lease obligations:
Operating leases3,842 2,948 
Supplemental balance sheet information related to leases was as follows (in thousands):
June 30, 2024December 31, 2023
Operating leases:
Operating lease right-of-use assets$44,408 $42,706 
Operating lease liabilities:
Operating lease liabilities, current$11,370 $10,154 
Operating lease liabilities, non-current36,207 35,079 
Total operating lease liabilities$47,577 $45,233 
Weighted average remaining terms were as follows (in years):
June 30, 2024December 31, 2023
Weighted average remaining lease term
Operating leases5.205.61
Weighted average discount rates were as follows:
June 30, 2024December 31, 2023
Weighted average discount rate
Operating leases6.30 %6.45 %
Maturities of lease liabilities were as follows (in thousands):
Operating Leases
Year Ending December 31,
2024 (remaining six months)
$5,872 
202511,713 
202611,447 
202710,525 
20287,420 
20292,455 
Thereafter6,491 
Total lease payments55,923 
Less: imputed interest(8,346)
Total leases liabilities$47,577