Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Components of Lease Costs

The components of the lease costs for the three months ended March 31, 2024 and 2023, were as follows (in thousands):

	Three Months Ended March 31,
	2024		2023
Operating lease costs	$	2,489	$	2,521
Finance lease costs:
Amortization of right-to-use assets, finance leases		414		369
Interest expense for finance lease liabilities		49		52
Variable lease costs		1,204		220
Total lease costs	$	4,156	$	3,162

Supplemental Cash Flow Information Relating to Leases

Supplemental cash flow information relating to the Company’s leases for the three months ended March 31, 2024 and 2023, were as follows (in thousands):

	Three Months Ended March 31,
	2024		2023
Cash paid for amounts included in the measurement    of lease liabilities:
Operating cash flows used in operating leases	$	670	$	651
Operating cash flows used in finance leases	$	383	$	327
Financing cash flows used in finance leases	$	49	$	52

Summary of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates as of March 31, 2024 and 2023 were as follows:

	Three Months Ended March 31,
	2024			2023
Remaining lease term:
Operating lease	10.24 years			10.75 years
Finance lease	2.36 years			2.33 years
Discount Rate:
Operating lease		8.74	%		8.87	%
Finance lease		8.17	%		8.52	%

Summary of Undiscounted Future Lease Payments for Operating and Finance Leases

The undiscounted future lease payments for operating and finance leases as of March 31, 2024, were as follows (in thousands):

Fiscal Year	Operating Leases			Finance Leases
2024 (excluding the first quarter)	$	6,270		$	919
2025		12,074			915
2026		12,436			566
2027		12,809			108
2028		13,193			—
Thereafter		74,424			—
Total minimum lease payments	$	131,206		$	2,508
Less amounts representing interest or imputed interest		(46,474	)		(219	)
Present value of lease liabilities	$	84,732		$	2,289