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COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Summary of Components of Lease
The components of lease expense are presented as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
(In thousands)
Operating lease costs$2,845 $2,699 $8,167 $7,707 
The components of lease liabilities are presented as follows:
September 30,
2024
December 31,
2023
(In thousands except years and percentage data)
Operating lease liabilities, current (Accrued liabilities)
$6,320 $5,220 
Operating lease liabilities, non-current (Other liabilities)25,730 18,802 
Total operating lease liabilities
$32,050 $24,022 
Supplemental lease information:
Weighted average remaining lease term
6.2 years5.8 years
Weighted average discount rate
6.8%7.0%
Supplemental cash flow and other information related to operating leases were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,015 $1,852 $5,619 $5,342 
Non-cash investing activities:
Lease liabilities arising from obtaining right-of-use assets
$10,337 $637 $12,687 $5,005 
Summary of Future Minimum Rental Payments for Operating Leases
Undiscounted cash flows of operating lease liabilities as of September 30, 2024 were as follows:
Lease Amounts
(In thousands)
Year:
2024 (remaining three months)$2,055 
20257,941 
20267,401 
20274,993 
20283,988 
Thereafter13,297 
Total lease payments
39,675 
Less: imputed lease interest
(7,625)
Total lease liabilities
$32,050