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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of supplemental balance sheet information
Supplemental balance sheet information related to leases was as follows:

LeasesClassificationDecember 31, 2022December 31, 2021
(in thousands, except lease term and discount rate)
Assets
Operating lease right-of-use assetsOther assets$11,382 $6,067 
Total leased assets$11,382 $6,067 
Liabilities
Operating lease right-of-use liabilitiesAccounts payable and accrued expenses$10,365 $5,206 
Total lease liabilities$10,365 $5,206 
Weighted average remaining lease term (years)
Operating leases3.456.49
Weighted average discount rate
Operating leases4.9 %3.4 %
Schedule of future maturities operating lease liabilities and future minimum lease payments under non-cancelable operating lease
Future maturities of the Company’s operating lease liabilities at December 31, 2022 are as follows:

Year(in thousands)
2023$3,253 
20243,218 
20252,690 
2026757 
2027562 
Thereafter854 
Total lease payments11,334 
Less: interest(969)
Total lease liabilities$10,365 

The following table represents future minimum lease payments under non-cancelable operating leases at December 31, 2022:

Year(in thousands)
2023$3,268 
20243,218 
20252,691 
2026757 
2027562 
Thereafter854 
$11,350 
Schedule of components lease expense
The components of lease expense were as follows:

Years Ended December 31,
Lease expenseClassification20222021
(in thousands)
Operating lease costGeneral and administrative$1,692 $1,239 
Net lease cost$1,692 $1,239 

Supplemental cash flow information related to leases was as follows:

Years Ended December 31,
20222021
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,388 $1,446 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$6,478 $4,131