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Commitment and Contingencies (Tables)
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Summary of Operating Lease Activity

Information related to operating lease activity during the three and six months ended June 30, 2024 was as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Operating lease cost

 

$

1,075

 

 

$

1,091

 

 

$

2,150

 

 

$

2,181

 

Variable lease cost

 

 

336

 

 

 

322

 

 

 

703

 

 

 

595

 

Short-term lease cost

 

 

 

 

 

 

 

 

 

 

 

5

 

Total lease cost

 

$

1,411

 

 

$

1,413

 

 

$

2,853

 

 

$

2,781

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets obtained in exchange for lease obligations

 

 

 

 

 

 

 

$

5,302

 

 

$

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

$

2,677

 

 

$

2,646

 

Summary of Future Minimum Lease Payments Under Operating Lease Future minimum lease payments under the Company’s operating leases as of June 30, 2024 were as follows:

 

 

Amount

 

 

 

(In thousands)

 

2024 (remaining 6 months)

 

$

2,600

 

2025

 

 

3,861

 

2026

 

 

3,864

 

2027

 

 

3,775

 

2028

 

 

1,471

 

Thereafter

 

 

4,006

 

Total undiscounted future minimum lease payments

 

$

19,577

 

Imputed interest

 

 

(4,004

)

Total operating lease liabilities

 

$

15,573