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LEASES

3 Months Ended

Mar. 31, 2024

9. LEASES

We have operating leases for warehouses, office space, and data centers. Our leases have remaining lease terms of one year to four years, some of which may include options to extend the leases perpetually, and some of which may include options to terminate the leases within one year. Variable lease costs include executory costs, such as taxes, insurance, and maintenance.

The components of lease expenses were as follows (in thousands):


	Three months ended March 31,
	2024		2023
Operating lease cost	$	882	$	1,406

Variable lease cost	268		364

The following table provides a summary of other information related to leases (in thousands):


	Three months ended March 31,
	2024		2023

Cash payments included in operating cash flows from lease arrangements	$	936	$	1,492

The following table provides supplemental balance sheet information related to leases:


	March 31, 2024		December 31, 2023
Weighted-average remaining lease term—operating leases	1.42 years		1.57 years
Weighted-average discount rate—operating leases	7	%	7	%

Maturity of lease liabilities under our non-cancellable operating leases as of March 31, 2024, are as follows (in thousands):


Payments due by period	Amount
2024 (Remainder)	$	2,175
2025	689
2026	250
2027	83


Total lease payments	3,197
Less interest	208
Present value of lease liabilities	$	2,989