Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Components of Lease Costs

The components of the lease costs for the three and six months ended June 30, 2024 and 2023, were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Operating lease costs	$	2,501	$	2,521	$	4,991	$	5,042
Finance lease costs:
Amortization of right-to-use assets, finance leases		381		370		795		739
Interest expense for finance lease liabilities		41		44		90		96
Variable lease costs		1,386		220		2,590		440
Total lease costs	$	4,309	$	3,155	$	8,466	$	6,317

Supplemental Cash Flow Information Relating to Leases

Supplemental cash flow information relating to the Company’s leases for the six months ended June 30, 2024 and 2023, were as follows (in thousands):

	Six Months Ended June 30,
	2024		2023
Cash paid for amounts included in the measurement    of lease liabilities:
Operating cash flows used in operating leases	$	3,617	$	1,320
Operating cash flows used in finance leases	$	736	$	661
Financing cash flows used in finance leases	$	90	$	96

Summary of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates as of June 30, 2024 and 2023 were as follows:

	Six Months Ended June 30,
	2024			2023
Remaining lease term:
Operating lease	10.03 years			10.61 years
Finance lease	2.27 years			2.21 years
Discount Rate:
Operating lease		8.73	%		8.82	%
Finance lease		8.14	%		8.50	%

Summary of Undiscounted Future Lease Payments for Operating and Finance Leases

The undiscounted future lease payments for operating and finance leases as of June 30, 2024, were as follows (in thousands):

Fiscal Year	Operating Leases			Finance Leases
2024 (excluding the first and second quarters)	$	5,907		$	525
2025		12,074			915
2026		12,436			566
2027		12,809			108
2028		13,193			—
Thereafter		74,424			—
Total minimum lease payments	$	130,843		$	2,114
Less amounts representing interest or imputed interest		(44,597	)		(179	)
Present value of lease liabilities	$	86,246		$	1,935