XML 54 R44.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Summary of components of lease expense and other lease information The components of lease expense and related cash information as of and during the three month and nine month periods ended September 30, 2023 and 2022 were as follows (in thousands):

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

2023

2022

2023

    

2022

Operating lease cost

$

505

$

706

$

1,582

$

2,086

Cash paid for amounts included in the measurement of lease liabilities

Operating cash flows from operating leases

$

400

$

602

$

1,257

$

1,747

Right-of-use assets obtained in exchange for new operating lease liabilities

$

$

$

$

Summary of balance sheet components

Other lease information as of September 30, 2023 and December 31, 2022 are as follows (in thousands):

September 30, 

December 31, 

    

2023

    

2022

Operating lease right-of-use assets

$

10,479

$

12,481

Operating lease liabilities

$

12,803

$

14,759

Weighted-average remaining lease term - operating leases

10.3

10.5

Weighted-average discount rate - operating leases

6.25%

6.23%

Summary of future minimum lease payments under non-cancellable leases

Future minimum lease payments under non-cancellable leases as of September 30, 2023 and December 31, 2022 were as follows (in thousands):

September 30, 

December 31,

    

2023

2022

2023

$

465

$

2,224

2024

1,873

2,421

2025

2,097

2,537

2026

2,134

2,497

2027

2,171

2,171

Thereafter

13,597

13,597

Total future minimum lease payments

$

22,337

$

25,447

Less imputed interest

$

(9,534)

$

(10,688)

Total operating lease liability

$

12,803

$

14,759