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Leases | 9 Months Ended
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Sep. 30, 2023
Leases [Abstract] |
Leases | 8. Leases The components of lease expense are as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Operating lease cost | $ | 3,149 |  | $ | 3,030 |  | $ | 9,453 |  |  | $ | 8,867 |
Short-term lease cost | 125 |  | 32 |  | 534 |  |  | 81 |
Financing lease cost | 5 |  | 5 |  | 15 |  |  | 16 |
Total lease cost | $ | 3,279 |  | $ | 3,067 |  | $ | 10,002 |  | $ | 8,964
Supplemental balance sheet information related to operating leases is as follows (in thousands):
| As of,
| September 30, 2023 |  | December 31, 2022
Operating lease ROU assets | $ | 39,506 |  | $ | 45,695
Operating lease liabilities, current | 14,449 |  | 14,864
Operating lease liabilities, non-current | 40,016 |  | 47,544
Total lease liabilities | $ | 54,465 |  | $ | 62,408
Supplemental cash flow information and non-cash activity related to the Company's operating leases are as follows (in thousands):
| Nine Months Ended September 30,
| 2023 |  | 2022
Cash paid for operating lease liabilities, net of tenant incentives received | $ | 11,482 |  | $ | 5,769
ROU assets recognized for new leases and amendments (non-cash) | $ | 1,299 |  | $ | 3,452
Other information related to leases is as follows:
| As of,
| September 30, 2023 |  | December 31, 2022
Weighted average remaining lease term | 4.3 years |  | 5.0 years
Weighted average discount rate | 4.95 | % |  | 4.96 | %
Future undiscounted annual cash flows for the Company’s operating leases as of September 30, 2023 are as follows (in thousands):
Fiscal Year Ending December 31, | Operating Leases
Remaining portion of 2023 | $ | 3,722 |
2024 | 14,288 |
2025 | 13,179 |
2026 | 13,375 |
2027 | 12,692 |
Thereafter | 3,205 |
Total future undiscounted lease payments | 60,461 |
Less imputed interest | (5,996) |
Total lease liabilities | $ | 54,465 |
The table above does not include options to extend lease terms that are not reasonably certain of being exercised or leases signed but not yet commenced as of September 30, 2023.
Leases | 8. Leases The components of lease expense are as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Operating lease cost | $ | 3,149 |  | $ | 3,030 |  | $ | 9,453 |  |  | $ | 8,867 |
Short-term lease cost | 125 |  | 32 |  | 534 |  |  | 81 |
Financing lease cost | 5 |  | 5 |  | 15 |  |  | 16 |
Total lease cost | $ | 3,279 |  | $ | 3,067 |  | $ | 10,002 |  | $ | 8,964
Supplemental balance sheet information related to operating leases is as follows (in thousands):
| As of,
| September 30, 2023 |  | December 31, 2022
Operating lease ROU assets | $ | 39,506 |  | $ | 45,695
Operating lease liabilities, current | 14,449 |  | 14,864
Operating lease liabilities, non-current | 40,016 |  | 47,544
Total lease liabilities | $ | 54,465 |  | $ | 62,408
Supplemental cash flow information and non-cash activity related to the Company's operating leases are as follows (in thousands):
| Nine Months Ended September 30,
| 2023 |  | 2022
Cash paid for operating lease liabilities, net of tenant incentives received | $ | 11,482 |  | $ | 5,769
ROU assets recognized for new leases and amendments (non-cash) | $ | 1,299 |  | $ | 3,452
Other information related to leases is as follows:
| As of,
| September 30, 2023 |  | December 31, 2022
Weighted average remaining lease term | 4.3 years |  | 5.0 years
Weighted average discount rate | 4.95 | % |  | 4.96 | %
Future undiscounted annual cash flows for the Company’s operating leases as of September 30, 2023 are as follows (in thousands):
Fiscal Year Ending December 31, | Operating Leases
Remaining portion of 2023 | $ | 3,722 |
2024 | 14,288 |
2025 | 13,179 |
2026 | 13,375 |
2027 | 12,692 |
Thereafter | 3,205 |
Total future undiscounted lease payments | 60,461 |
Less imputed interest | (5,996) |
Total lease liabilities | $ | 54,465 |
The table above does not include options to extend lease terms that are not reasonably certain of being exercised or leases signed but not yet commenced as of September 30, 2023.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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