Leases (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Lessee, Balance Sheet Classification

Leases consist of the following (in thousands):


		As of December 31,
Assets	Classification	2023		2022
Operating	Operating lease right-of-use assets	$	8,518	$	11,148
Finance	Property and equipment, net	27		62
Total leases		$	8,545	$	11,210
Liabilities
Current
Operating	Operating lease liabilities	$	2,052	$	2,317
Finance	Accrued expenses and other current liabilities	26		36
Non Current
Operating	Operating lease liabilities, non-current	6,966		8,958
Finance	Other liabilities	2		28
Total lease liabilities		$	9,046	$	11,339

Schedule of Future Minimum Payments for Operating Leases

At December 31, 2023, the maturities of our remaining operating lease and finance lease liabilities were as follows (in thousands, except years and percentages):



	Operating leases			Finance leases			Total leases liabilities
2024	$	2,392		$	27		$	2,419
2025	1,828			2			1,830
2026	1,744			—			1,744
2027	1,677			—			1,677
2028	1,312			—			1,312
Thereafter	1,151			—			1,151
Total minimum lease payments	10,104			29			10,133
Less: Effects of discounting	1,086			1			1,087
Present value of lease liabilities	$	9,018		$	28		$	9,046
Less: current portion	$	2,052		$	26		$	2,078
Long-term lease liabilities	$	6,966		$	2		$	6,968
Weighted-average remaining lease term as of December 31, 2023 (in years)	5.0			1.1
Weighted-average incremental borrowing rate as of December 31, 2023	4.51		%	5.50		%
Weighted-average remaining lease term as of December 31, 2022 (in years)	5.6			1.9



	Operating leases		Finance leases		Total leases liabilities
Weighted-average incremental borrowing rate as of December 31, 2022	4.39	%	5.50	%

Schedule of Lease, Cost

The component of our lease costs included in our consolidated statements of operations were as follows (in thousands):


	Year Ended December 31,
	2023		2022
Lease cost
Operating lease cost	$	3,127	$	2,384
Other variable cost	276		250
Finance lease cost	38		17
Net lease cost	$	3,441	$	2,651