Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Components of Lease Expense

Components of lease expense required by ASC 842 are presented below for the three and nine months ended September 30, 2024 and 2023.

	Three Months Ended September 30,
	2024		2023
	(in thousands)
Lease cost
Operating lease cost	$	1,982	$	1,757
Short-term lease cost	174		178
Variable lease cost	375		500
Total lease cost	$	2,531	$	2,435

	Nine Months Ended September 30,
	2024		2023
	(in thousands)
Lease cost
Operating lease cost	$	5,764	$	4,588
Short-term lease cost	668		832
Variable lease cost	1,216		1,583
Total lease cost	$	7,648	$	7,003

Schedule of Supplemental Information Required by ASC 842

Supplemental information required by ASC 842 is presented below for the nine months ended September 30, 2024 and 2023.

	Nine Months Ended September 30,
	2024			2023
	(dollar amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	6,024		$	4,947
Weighted-average remaining lease term — operating leases	2.7 years			3.5 years
Weighted-average discount rate — operating leases	5.9		%	6.4		%

Schedule of Future Minimum Lease Payments

The following is a schedule by calendar year of future minimum lease payments under operating leases that have remaining terms as of September 30, 2024:

Period/Year	Operating Leases
	(in thousands)
October 1 to December 31, 2024	$	2,026
2025	8,009
2026	5,287
2027	1,869
2028	1,389
2029	116
Thereafter	—
Total minimum lease payments	$	18,696
Less: imputed interest	1,630
Present value of lease liabilities	$	17,066