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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Total Lease Costs
Total lease costs for operating leases for the nine months ended September 30, 2024 were:
(in thousands)Nine Months Ended September 30, 2024
Operating lease cost$3,816 
Variable lease cost736 
Total lease cost$4,552 
Supplemental information and non-cash activities related to operating leases are as follows:
(in thousands)Nine Months Ended September 30, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$1,932 
Lease liabilities arising from new right-of-use assets
Operating leases$30 
September 30, 2024December 31, 2023
Weighted average remaining lease term (in years)
Operating leases5.65.7
Finance leases0.05.0
Weighted average discount rate
Operating leases15.2 %15.6 %
Finance leases— 9.2 %
Schedule of Maturities of Operating Lease Liabilities
The following table summarizes future lease payments as of September 30, 2024:
(in thousands)
Fiscal yearOperating Leases
2024 (three months)$1,261 
20254,515
20264,518
20272,601
20281,813
Thereafter7,471
Total22,179 
Less: Imputed Interest7,774 
Present value of net lease payments14,405
Lease liability, current portion$2,645 
Lease liability, net of current portion11,760 
Total lease liability$14,405 
Schedule of Maturities of Finance Lease Liabilities
The following table summarizes future lease payments as of September 30, 2024:
(in thousands)
Fiscal yearOperating Leases
2024 (three months)$1,261 
20254,515
20264,518
20272,601
20281,813
Thereafter7,471
Total22,179 
Less: Imputed Interest7,774 
Present value of net lease payments14,405
Lease liability, current portion$2,645 
Lease liability, net of current portion11,760 
Total lease liability$14,405