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Leases
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company’s headquarters are located in Santa Clara, California, where the Company has an operating lease covering its corporate office expiring in March of 2025. The Company also has operating leases in Duluth, Georgia, and abroad, in Japan, France, China, the United Kingdom, Taiwan, Singapore, and Korea, among other countries. The expiration dates for these operating leases range from 2024 through 2029. As of June 30, 2024 and December 31, 2023, the Company’s operating lease right-of-use assets and operating lease liabilities were as follows:
June 30,December 31,
20242023
(in thousands)
Operating lease right-of-use assets, net$2,144 $1,963 
Operating lease liabilities, current863 735 
Operating lease liabilities, non-current$1,266 $1,198 
The components of operating lease cost during the periods presented were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(in thousands)(in thousands)
Operating lease cost$247 $243 $477 $499 
Variable lease cost(1)
32 48 92 72 
Total operating lease cost
$279 $291 $569 $571 
(1)Variable lease cost includes common area maintenance, utilities, security, insurance and property taxes.
Additional information related to the Company’s operating leases for the three and six months ended June 30, 2024 and 2023 was as follows:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(in thousands)(in thousands)
Cash paid for operating lease liabilities$241 $244 $463 $500 
Right-of-use assets obtained in exchange for lease obligations$166 $— $733 $— 
Six Months Ended June 30,
20242023
Weighted average remaining lease term (in years)3.584.38
Weighted average discount rate3.09 %4.14 %
As of June 30, 2024 maturities of operating lease liabilities were as follows:
Year Ending December 31,Amount
(in thousands)
Remainder of 2024$448 
2025753 
2026412 
2027234 
2028195 
Thereafter195 
Total lease payments$2,237 
Less: imputed interest(108)
Total operating lease liabilities
$2,129 
Current portion of lease liability
$863 
Non-current portion of lease liability
$1,266