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Leases
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company leases various operating spaces in the United States, Asia and Europe under non-cancellable operating lease arrangements that expire on various dates through July 2027. These arrangements require us to pay certain operating expenses, such as taxes, repairs and insurance, and contain renewal and escalation clauses.

The table below presents the Company’s right-of-use assets and lease liabilities as of June 30, 2024 (in thousands):
As of June 30, 2024As of December 31, 2023
Operating leases
Right-of-use assets:
Other non-current assets$13,928 $16,376 
Total right-of-use assets$13,928 $16,376 
Lease liabilities:
Accrued liabilities$4,874 $4,998 
Other non-current liabilities9,445 11,822 
Total operating lease liabilities$14,319 $16,820 

The aggregate future lease payments for non-cancelable operating leases as of June 30, 2024 were as follows (in thousands):
Remainder of 2024$2,685 
20254,935 
20264,893 
20272,441 
Total lease payments14,954 
Less: imputed interest(635)
Present value of lease liabilities$14,319 

The components of lease costs were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Operating lease costs$1,075 $1,094 $2,160 $2,203 
Short-term lease costs131 123 247 250 
Total lease costs$1,206 $1,217 $2,407 $2,453 

Average lease terms and discount rates for the Company’s operating leases were as follows:
Three Months Ended June 30,
20242023
Weighted-average remaining term (years)2.923.84
Weighted-average discount rate3.2%3.2%

Supplemental cash flow information for the Company’s operating leases were as follows (in thousands):
Three Months Ended June 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,688 $2,661