XML 37 R25.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense
The following table sets forth the components of lease expense for the three and nine months ended September 30, 2023 and 2022 (in thousands, exclusive of sublease income):

Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Operating lease cost$2,359 $1,708 $6,650 $4,968 
Short-term lease cost350 170 1,138 334 
Variable lease cost1,311 952 3,296 2,878 
Total$4,020 $2,830 $11,084 $8,180 
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information related to operating leases as of September 30, 2023 and December 31, 2022 is presented in the following table (in thousands, except for lease term and discount rate):

September 30, 2023December 31, 2022
Right-of-use assets for operating leases$40,501$37,248
Operating lease liabilities, current$11,003$8,681
Operating lease liabilities, net of current portion60,33957,225
Total operating lease liabilities$71,342$65,906
Weighted average remaining lease term (in years)7.78.4
Weighted average discount rate9.4 %9.4 %
Schedule of Supplemental Cash Flow Information
Supplemental cash flow and expense information related to operating leases for the three and nine months ended September 30, 2023 and 2022 is shown below (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Operating cash outflows for operating leases$2,223 $2,099 $6,374 $6,258 
Amortization of operating lease right-of-use assets693 364 1,936 995 
Interest expense on operating lease liabilities1,667 1,332 4,714 3,957 
Schedule of Maturities of Operating Lease Liabilities
A summary of our future minimum lease commitments under non-cancellable operating leases as of September 30, 2023 is shown below (in thousands):

Operating Leases
2023 (excluding the nine months ended September 30, 2023)
$3,223 
202413,269 
202512,924 
202613,245 
202713,501 
Thereafter47,285 
Total lease payments103,447 
Less: imputed interest(32,105)
Total$71,342