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Leases | 3 Months Ended
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Mar. 31, 2024
Leases |
Leases | Note 13. Leases The Company has operating and finance leases for corporate offices and certain equipment. These leases have remaining lease terms of less than one year to approximately twenty-one years, some of which include options to extend the leases for multiple renewal periods of one to fifteen years each. Under the terms of the facilities leases, the Company is required to pay its proportionate share of property taxes, insurance and normal maintenance costs. In October 2022, Cryoport Systems entered into a lease agreement commencing in 2025 for an administrative, global supply chain center and research and development center in Santa Ana, California, in the aggregate rental amount of $27.7 million spanning 10 years. This lease is not included in the balance sheet right-of-use asset and lease liability as it commences in 2025. The components of lease cost were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ |  | 2024 |  | 2023
Operating lease cost | ​ | $ | 2,047 | ​ | $ | 1,782
Finance lease cost: | ​ | ​ | ​ | ​ | ​ | ​
Amortization of right-of-use assets | ​ | ​ | 80 | ​ | ​ | 32
Interest on finance lease liabilities | ​ | ​ | 26 | ​ | ​ | 5
​ | ​ | ​ | 106 | ​ | ​ | 37
Total lease cost | ​ | ​ | 2,153 | ​ | ​ | 1,819
​ Other information related to leases was as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Supplemental Cash Flows Information | ​ | Three Months Ended March 31,
​ |  | 2024 |  | 2023
Cash paid for amounts included in the measurement of lease liabilities: |  | ​ | ​ |  | ​ | ​
Operating cash flows from operating leases |  | $ | 1,988 |  | $ | 1,639
Operating cash flows from finance leases |  | $ | 96 |  | $ | 37
Financing cash flows from finance leases | ​ | $ | 70 | ​ | $ | 31
​ | ​ | ​ | ​ | ​ | ​ | ​
Right-of-use assets obtained in exchange for lease liabilities (in thousands): | ​ | ​ | ​ | ​ | ​ | ​
Operating leases |  | $ | — |  | $ | 4,436
Finance leases | ​ | $ | 63 | ​ | $ | —
​ ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | December 31, |
​ |  | 2024 |  | 2023 |
Weighted-Average Remaining Lease Term |  | ​ |  | ​ | ​
Operating leases |  | 10.9 | years | 10.8 | years
Finance leases |  | 3.9 | years | 4.2 | years
​ | ​ | ​ | ​ | ​ | ​
Weighted-Average Discount Rate |  |  |  |  | ​
Operating leases |  | 8.8 | % | 8.7 | %
Finance leases |  | 7.8 | % | 8.4 | %
​ Future minimum lease payments under non-cancellable leases that have commenced as of March 31, 2024 were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Operating | ​ | Finance
Years Ending December 31 |  | Leases |  | Leases
2024 (excluding the three months ended March 31, 2024) |  | $ | 6,015 |  | $ | 291
2025 |  | ​ | 6,851 |  | ​ | 385
2026 |  | ​ | 5,683 |  | ​ | 357
2027 |  | ​ | 4,909 |  | ​ | 244
2028 | ​ | ​ | 3,673 | ​ | ​ | 121
Thereafter |  | ​ | 26,992 |  | ​ | 24
Total future minimum lease payments |  | ​ | 54,123 |  | ​ | 1,422
Less: imputed interest |  | ​ | (20,969) |  | ​ | (205)
Total | ​ | $ | 33,154 | ​ | $ | 1,217
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Operating | ​ | Finance
Reported as of March 31, 2024 |  | Leases |  | Leases
Current lease liabilities | ​ | $ | 5,356 | ​ | $ | 301
Noncurrent lease liabilities | ​ |  | 27,798 | ​ |  | 916
Total | ​ | $ | 33,154 | ​ | $ | 1,217
​

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- Definition The entire disclosure for lessee, operating and finance leases. + References No definition available. + Details
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- References No definition available. + Details
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Namespace Prefix: | us-gaap_
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