Leases

9 Months Ended

Sep. 30, 2022

Leases

Leases

8. Leases

The Company leases certain office facilities and equipment under non-cancelable operating and finance leases with remaining terms from one to six years.

Operating lease right of use assets are included in the “other assets” section while finance lease right of use assets are included in "property and equipment, net" in the condensed consolidated balance sheets. With respect to operating lease liabilities, current lease liabilities and non-current operating lease liabilities are included in “current operating lease liabilities” and "operating lease liabilities, net of current portion”. Current finance lease liabilities and non-current finance lease liabilities are included in "other current liabilities" and "non-current finance lease liabilities" in the condensed consolidated balance sheets. At September 30, 2022, the weighted average remaining lease terms were 3.33 years and 0.33 year for operating and finance leases, respectively; the weighted average discount rate was 4.11% and 6.19% for operating and finance leases, respectively. For additional information on the Company's leases, see Note 14 to the condensed consolidated financial statements included the Company’s 2021Annual Report.

The following table summarizes the lease-related assets and liabilities recorded in the condensed consolidated balance sheets at September 30, 2022 and December 31, 2021:

Lease Position	Balance Sheet Classification		SEPTEMBER 30, 2022		DECEMBER 31, 2021
Assets
Operating lease assets	Operating lease right-of-use assets	$	11,481	$	12,634
Finance lease assets	Property and equipment, net		63		271
Total lease assets		$	11,544	$	12,905
Liabilities
Current
Operating	Current operating lease liabilities	$	3,422	$	5,040
Finance	Other current liabilities		100		293
Noncurrent
Operating	Operating lease liabilities, net of current portion		8,509		8,256
Finance	Non-current finance lease liabilities		—		25
Total lease liabilities		$	12,031	$	13,614

The following table summarizes by year the maturities of our minimum lease payments as of September 30, 2022.

	OPERATING		FINANCE
	LEASES		LEASES
Remainder of 2022	$	1,265	$	76
2023		4,110		25
2024		3,212		—
2025		2,466		—
2026		1,344		—
Thereafter		130		—
Total future lease payments		12,527		101
Less: imputed interest		(596)		(1)
Total	$	11,931	$	100