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Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Operating and Finance Lease Right-Of-Use ("ROU") Assets and Liabilities
The Company's operating and finance lease right-of-use ("ROU") assets and liabilities as of September 30, 2024 and December 31, 2023 consisted of the following items (in thousands):
As of
LeasesSeptember 30, 2024December 31, 2023
Operating Leases
Operating lease right-of-use assets, net of accumulated amortization (1)
$9,331 $10,592 
Operating lease obligations, current$1,991 $1,944 
Long-term operating lease obligations7,569 8,870 
Total operating lease obligation$9,560 $10,814 
Finance Leases
Finance lease right-of-use assets, net of accumulated amortization (2)
$975 $1,694 
Finance lease obligations, current$1,699 $2,131 
Long-term finance lease obligations493 1,334 
Total finance lease obligations$2,192 $3,465 
(1) Operating lease ROU assets are reported net of accumulated amortization of $4.0 million and $5.1 million as of September 30, 2024 and December 31, 2023, respectively.
(2) Finance lease ROU assets are reported net of accumulated amortization of $3.0 million and $2.7 million as of September 30, 2024 and December 31, 2023, respectively.
Lease financial information as of and for the three and nine months ended September 30, 2024 and 2023 is provided in the following table:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2024202320242023
Finance lease cost:
Amortization of right-of-use assets$46 $215 $466 $661 
Interest on lease liabilities50 59 149 190 
Operating lease cost773 1,000 2,448 3,017 
Short-term lease cost437 481 1,220 1,132 
Variable lease cost (1)
104 81 313 145 
Total lease cost$1,410 $1,836 $4,596 $5,145 
Other Information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases$149 $190 
Operating cash flows for operating leases$1,512 $2,087 
Financing cash flows for finance leases$838 $855 
Right-of-use assets obtained in exchange for new finance lease liabilities$— $— 
Right-of-use assets obtained in exchange for new operating lease liabilities$257 $1,947 
Weighted-average remaining lease term - finance leases1.2 years2.1 years
Weighted-average remaining lease term - operating leases7.4 years7.8 years
Weighted-average discount rate - finance leases6.4 %5.9 %
Weighted-average discount rate - operating leases12.4 %12.7 %
(1) Primarily includes common area maintenance, property taxes and insurance payable to lessors.