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Other Expenses, Net
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Other Expenses, Net OTHER EXPENSES, NET
The following table presents the components of other expenses, net:
Year Ended December 31,
 202320222021
(Gain) loss on derivatives$(1,108)$(906)$240 
Interest expense, net of interest income36,169 26,423 14,361 
Amortization of debt discount and debt issuance costs4,201 4,211 2,849 
Foreign currency transaction (gain) loss(581)144 852 
Government incentives(576)(2,599)(1,012)
Factoring fees5,844 — — 
Other expenses, net$43,949 $27,273 $17,290 
Estimated amortization expense for existing debt discount and debt issuance costs for the next five succeeding fiscal years is as follows:
Estimated Amortization
2024$5,801 
2025$3,158 
2026$2,363 
2027$1,378 
2028$1,245