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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Primary Office Leases and Maturity of Lease Liabilities
The following table summarizes our primary office leases as of June 30, 2024 (in thousands, other than term):
LocationLease Termination Term (in years)Future Minimum Lease CommitmentsLetter of Credit Amount Required
Arlington, VA (1)
6.6$3,258 $1,579 
Edison, NJ1.81,001 222 
Makati City, Philippines3.92,555 — 
Alpharetta, GA1.3599 — 
Pune, India3.82,197 — 
Brea, CA2.92,850 — 
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(1) Amounts required under the letter of credit for our previous headquarters’ lease in Arlington, VA until December 2024.
Maturity of lease liabilities (in thousands) is as follows:
Operating lease expense
2024$4,210 
20258,309 
20267,535 
20276,923 
20285,795 
Thereafter12,428 
Total lease payments45,200 
Less:
Interest8,278 
Present value of lease liabilities$36,922 
Schedule of Components of Lease Expense, Weighted-Average Discount Rate and Weighted-remaining Lease Terms
The following table summarizes the components of our lease expense (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Operating lease cost$1,356 $(1,727)$1,459 $213 
Variable lease cost1,648 1,565 3,073 3,121 
Total lease cost$3,004 $(162)$4,532 $3,334 
Our weighted-average discount rate and our weighted remaining lease terms (in years) are as follows:

June 30, 2024
Weighted average discount rate7.21 %
Weighted average remaining lease term5.8