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Leases | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Leases | Leases Our operating lease cost was as follows for the years ended December 31, (in thousands):
|  | 2023 |  | 2022 |  | 2021
Operating lease cost (a) |  | $ | 6,480 |  |  | $ | 2,714 |  |  | $ | 1,731 |
(a) Excludes short-term lease expense, which is not material.
Our lease arrangements do not contain any material residual guarantees, variable payment provisions, or restrictive covenants. The table below summarizes future minimum lease payments under operating leases, recorded on the balance sheet, as of December 31, 2023 (in thousands):
Year ending December 31, |  |
2024 |  | $ | 6,555 |
2025 |  | 6,959 |
2026 |  | 6,079 |
2027 |  | 5,119 |
2028 |  | 4,612 |
Thereafter |  | 6,448 |
Minimum lease payments |  | 35,772 |
Less: imputed interest |  | (5,856) |
Present value of minimum lease payments |  | 29,916 |
Less: current portion of lease liabilities (a) |  | (4,957) |
Long-term lease liabilities |  | $ | 24,959 |
(a) The current portion of lease liabilities are presented within accrued expenses and other current liabilities on our consolidated balance sheets. Refer to Note (9) "Accrued Expenses and Other Current Liabilities."
Other supplemental operating lease information for the year ended December 31, was as follows (in thousands):
|  | 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 5,045 |  |  | $ | 2,441 |  |  | $ | 1,474 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 11,812 |  |  | $ | 11,876 |  |  | $ | 8,182 |
The weighted-average discount rate was 5.9% and 5.4% and the weighted-average remaining lease term was 5.7 years and 6.0 years as of December 31, 2023, and 2022, respectively.

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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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