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Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Lease, Cost
Lease expense is included in office and technology expenses in the unaudited Consolidated Statements of Operations. Information regarding the Company’s operating leases follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2022202120222021
Operating leases$616 $326 $1,179 $652 
Short-term leases (b)46 92 113 156 
Lease expense$662 $418 $1,292 $808 
Sub-lease income— — — — 
Lease cost$662 $418 $1,292 $808 
(b)Leases with an initial term of twelve months or less are not recorded on the unaudited Consolidated Balance Sheets.
Lessee, Operating Lease Liability, Current and Non-current
Components of the operating lease liability presented on the unaudited Consolidated Balance Sheets are as follows:
(in thousands)As of
June 30, 2022		As of
December 31, 2021
Current:
Operating lease liabilities$1,182 $1,547 
Non-current:
Operating lease liabilities5,522 3,782 
Total operating lease liabilities$6,704 $5,329 
Lessee, Operating Lease, Liability, Maturity
The future minimum lease payments under operating leases that have initial or remaining noncancelable lease terms in excess of one year as of June 30, 2022, are summarized as follows:
Year Ended (in thousands)
2022$1,305 
20231,967 
20241,582 
20251,105 
2026933 
Thereafter316 
Total undiscounted payments$7,208 
Less: present value adjustment(504)
Operating lease liabilities$6,704 
Operating Lease Other Information
Supplemental lease information is as follows:
As of
June 30, 2022		As of
December 31, 2021
Weighted average remaining lease term (years)3.874.13
Weighted average discount rate3.9 %4.2 %