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v3.23.1

Leases (Tables) | 3 Months Ended
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Mar. 31, 2023
Leases [Abstract] |
Components of Lease Cost | The components of lease cost are as follows:
|  | Three Months Ended March 31 2023, |
|  | 2023 |  |  | 2022 |
|  | (in thousands) |
Straight line operating lease costs |  | $ | 1,032 |  |  | $ | 1,545 |
Finance lease costs |  |  | 108 |  |  |  | 113 |
Variable lease costs |  |  | 1,718 |  |  |  | 1,559 |
Total lease cost |  | $ | 2,858 |  |  | $ | 3,217 |
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases are as follows:
|  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
|  | (in thousands) |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows for operating leases |  | $ | 1,250 |  |  | $ | 1,820 |
Operating cash flows for finance lease |  |  | 108 |  |  |  | 107 |
Operating lease right-of-use assets obtained in exchange for operating lease obligations |  |  | 828 |  |  |  | 240 |
Schedule of Supplemental Information Related to Remaining Lease Term and Discount Rate | Supplemental information related to the remaining lease term and discount rate are as follows:
|  | March 31, |
|  | 2023 |  |  | 2022 |
Weighted-average remaining lease term (in years) |  |  |  |  |  |
Operating leases |  |  | 5.1 |  |  |  | 5.7 |
Finance lease |  |  | 2.8 |  |  |  | 3.8 |
Weighted-average discount rate |  |  |  |  |  |
Operating leases |  |  | 6.18 | % |  |  | 5.70 | %
Finance lease |  |  | 6.62 | % |  |  | 6.62 | %
Schedule of Future Minimum Lease Payments for Noncancelable Leases | As of March 31, 2023, future minimum lease payments for our noncancelable operating leases are as follows. Future minimum lease payments under our finance lease are not material.
|  | Amount |  |
|  | (in thousands)
Remainder of 2023 |  | $ | 3,278 |  |
Year ending December 31: |  |  |  |
2024 |  |  | 4,649 |  |
2025 |  |  | 3,939 |  |
2026 |  |  | 1,870 |  |
2027 |  |  | 851 |  |
Thereafter |  |  | 3,367 |  |
Total future minimum lease payments |  |  | 17,954 |  |
Imputed interest |  |  | (2,376 | ) |
Total |  | $ | 15,578 |  |
Reported as of March 31, 2023 |  |  |  |
Operating lease liabilities, current portion |  | $ | 3,674 |  |
Operating lease liabilities, net of current portion |  |  | 11,904 |  |
Total operating lease liabilities |  | $ | 15,578 |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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