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Leases | 12 Months Ended
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Dec. 31, 2022
Leases |
Leases | 13. Leases The Company leases office facilities from unrelated parties under operating lease agreements that have initial terms ranging from 1 to 5 years. Some leases include one or more options to renew, generally at our sole discretion, with renewal terms that can extend the lease term up to 10 additional years. In addition, certain leases contain termination options, where the rights to terminate are held by either the Company, the lessor, or both parties. These options to extend or terminate a lease are included in the lease terms when it is reasonably certain that the Company will exercise that option. The Company’s leases generally do not contain any material restrictive covenants. Operating lease cost is recognized on a straight-line basis over the lease term. The components of lease expense are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | 2022 | ​ | 2021
Operating lease cost | ​ | ​ | $ | 2,621 | ​ | $ | 2,155
Variable lease cost | ​ | ​ | ​ | 254 | ​ | ​ | 339
​ | ​ | ​ | $ | 2,875 | ​ | $ | 2,494
​ Prior to the adoption of Topic 842 on January 1, 2021, the Company recognized operating lease costs on a straight-line basis once control of the space was achieved. Rent expense was $1.7 million in 2020. Supplemental cash flow information related to leases is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | 2022 | ​ | 2021
Cash paid for amounts included in measurement of lease liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating cash outflows for operating leases | ​ | ​ | $ | 2,082 | ​ | $ | 2,141
Right-of-use assets obtained in exchange for new lease obligations: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating leases | ​ | ​ | $ | 6,835 | ​ | $ | 6,365
​ Supplemental balance sheet information related to leases is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | December 31,
​ | ​ | ​ | 2022 | ​ | 2021
Operating lease right-of-use assets | ​ | ​ | $ | 4,201 | ​ | $ | 4,504
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease liabilities, current(1) | ​ | ​ | $ | 1,810 | ​ | $ | 1,957
Operating lease liabilities, non-current | ​ | ​ | ​ | 2,536 | ​ | ​ | 2,694
Total operating lease liabilities | ​ | ​ | $ | 4,346 | ​ | $ | 4,651
​ (1) Operating lease liabilities, current are included in accrued expenses and other current liabilities on the consolidated balance sheets. Other information related to operating leases is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | December 31,
​ | ​ | ​ | 2022 | ​ | 2021
Weighted average remaining lease term | ​ | ​ | ​ | 2.9 years | ​ | ​ | 2.1 years
Weighted average discount rate | ​ | ​ | ​ | 8.8% | ​ | ​ | 9.4 %
​ Future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities recognized on the balance sheet as of December 31, 2022 is as follows:
​ | ​ | ​ | ​ | ​
​ |  |  | Lease
​ | ​ | ​ | Payments
2023 | ​ | ​ | $ | 2,097
2024 | ​ | ​ |  | 1,516
2025 | ​ | ​ |  | 848
2026 | ​ | ​ |  | 367
2027 | ​ | ​ |  | 29
Thereafter | ​ | ​ |  | —
Total lease payments | ​ | ​ | $ | 4,857
Less imputed interest | ​ | ​ | ​ | (511)
Total present value of lease liabilities | ​ | ​ | $ | 4,346
​

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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