Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Right of Use Assets Lease Liabilities

The following table summarizes the Company’s ROU assets and lease liabilities (in thousands):

		December 31,
	Location on the Consolidated Balance Sheets	2023		2022
ROU Assets	Other assets	$	22,085	$	17,770
Lease liabilities, current portion	Other current liabilities	5,744		6,509
Lease liabilities, long-term portion	Other long-term liabilities	19,475		13,897
Total lease liabilities		$	25,219	$	20,406

Schedule of Operating Lease Expenses

The components of lease cost related to the Company’s operating leases were as follows (in thousands):

	Year Ended December 31,
	2023		2022		2021
Operating lease expense	$	8,188	$	7,701	$	6,635
Variable lease expense	1,501		1,089		106
Short-term lease expense	86		327		—
Total lease expense	$	9,775	$	9,117	$	6,741

Other information pertaining to operating leases consists of the following:

	Year Ended December 31,
	2023		2022		2021
Weighted average remaining lease-term	5.7 years		4.2 years		3.8 years
Weighted average discount rate	7.9	%	5.4	%	5.0	%

Supplemental cash flow and other information related to operating leases are as follows (in thousands):

	Year Ended December 31,
	2023		2022		2021
Operating cash flows from operating leases	$	7,911	$	5,380	$	6,644
Non cash investing activities:
Lease liabilities arising from obtaining right-of-use assets	$	10,562	$	12,558	$	17,363

Schedule of Future Minimum Operating Lease Payments Maturity

Future minimum operating lease payments as of December 31, 2023, are as follows (in thousands):

	Operating Leases
2024	$	4,855
2025	6,654
2026	3,042
2027	2,969
2028	2,983
Thereafter	14,316
Total lease payments	34,819
Less: Imputed lease interest	(9,600)
Total lease liabilities	$	25,219