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Lease Obligations (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Aggregate Lease Expense Under Operating Leases
Aggregate lease expense was as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Aggregate lease expense$1,014 $634 $2,505 $1,854 
Other Supplemental Information Related to Leases
Other supplemental information related to leases was as follows:
As of September 30, 2023As of December 31, 2022
Weighted average remaining lease term8.0 years8.1 years
Weighted average discount rate10.0%11.0%
Balance Sheets of the Company's Operating Leases
The following table summarizes the presentation in the Condensed Consolidated Balance Sheets of the Company’s leases:
Balance Sheet LocationAs of September 30, 2023As of December 31, 2022
Assets:
Lease assets, netOther Assets$11,380 $6,806 
Liabilities:
Current lease liabilitiesLease financing obligation – current liabilities$2,282 $2,369 
Non-current lease liabilitiesLease financing obligation – long-term liabilities9,966 5,804 
Total lease liabilities$12,248 $8,173 
Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of September 30, 2023, are as follows (in thousands):
2023 (remaining)$853 
20243,279 
20252,332 
20261,846 
20271,531 
Thereafter9,292 
Total lease payments19,133 
Less imputed interest(6,885)
Total$12,248