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LEASES
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
LEASES LEASES
The Company leases facilities under operating leases with various expiration dates through 2032. The Company leases office space in New York, Israel and several other locations.
The security deposits for the leases are $4.0 million and $4.8 million as of June 30, 2024 and December 31, 2023, respectively, which have been recognized as restricted cash, non-current in the unaudited condensed consolidated balance sheets.
The Company’s operating lease expense consists of rent and variable lease payments. Variable lease payments such as common area maintenance were included in operating expenses. Rent expense for the Company’s short-term leases was immaterial for the periods presented. Operating lease expense was as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Rent expense$2,938$3,345$5,849$6,786
Variable lease payments$80$(12)$174$131
Sublease income$1,003$1,066$2,008$2,120

Maturities of the Company’s operating lease liabilities as of June 30, 2024 were as follows (in thousands):

2024$4,735 
20258,495 
20268,495 
20277,333 
20286,453 
Thereafter20,728 
Total56,239 
Less: imputed interest(10,283)
Total operating lease liabilities$45,956