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Commitments and Contingencies
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Leases
The components of lease expense were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2024202320242023
Operating lease cost$798 $779 $1,612 $1,578 
Variable lease cost965 950 1,919 1,878 
$1,763 $1,729 $3,531 $3,456 
Supplemental cash flow information related to leases was as follows:
Six Months Ended
June 30,
(in thousands)20242023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$2,423 $1,329 
Right-of-use assets obtained in exchange for operating lease liabilities533 268 
Supplemental balance sheet information related to operating leases was as follows:
June 30, 2024December 31, 2023
Weighted-average remaining lease term2.8 years3.1 years
Weighted-average discount rate4.1 %4.0 %
At June 30, 2024, our future minimum payments under operating leases were as follows:
(in thousands)
Remainder of 2024$3,047 
20254,307 
20264,082 
20271,435 
Thereafter222
Total future gross payments$13,093 
Less: imputed interest(748)
Total operating lease liabilities$12,345 
Purchase Commitments
We have entered into separate noncancelable agreements with computing infrastructure, productivity software, customer relationship management, and performance and security data analytics vendors for services through 2026. At June 30, 2024, our remaining purchase commitments and estimated purchase timing were as follows:
(in thousands)
Remainder of 2024$5,779 
202514,187 
20265,244 
Total estimated future purchases$25,210