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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Lease Costs and Cash Paid

The following table summarizes the lease costs and cash paid for the Company’s leases (in thousands):

 

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

 

 

2024

 

 

2023

 

 

Cash paid for operating lease liabilities

 

$

640

 

 

$

840

 

 

Operating lease costs

 

 

990

 

 

 

980

 

 

Short-term lease cost

 

 

 

 

 

 

 

Variable lease costs

 

 

381

 

 

 

245

 

 

Schedule of Maturities of Lease Liabilities

The maturities of lease liabilities as of March 31, 2024 were as follows (in thousands):

 

 

 

Operating Lease

 

Year Ending December 31,

 

Commitments

 

2024 (remaining nine months)

 

$

3,154

 

2025

 

 

2,903

 

2026

 

 

1,525

 

2027

 

 

1,443

 

2028

 

 

1,474

 

Thereafter

 

 

4,827

 

Total future undiscounted lease payments

 

 

15,326

 

Less: Imputed interest

 

 

(4,234

)

Total operating lease liabilities

 

$

11,092

 

Operating lease liabilities, current

 

 

3,166

 

Operating lease liabilities, non-current

 

 

7,926

 

Total operating lease liabilities

 

$

11,092

 

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Weighted-average remaining lease term (in years) - operating leases

 

 

5.9

 

 

 

6.1

 

Weighted-average discount rate - operating leases

 

 

11.42

%

 

 

11.43

%