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Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows (dollars in thousands):


		Nine Months Ended
		September 30,
		2023				2022
Cash payments for operating leases		$	3,257			$	2,491
Right-of-use assets obtained in exchange for operating lease obligations			1,099				1,354



		Nine Months Ended
	September 30,
		2023				2022
Weighted-average remaining lease term			5.7			6.7 years
Weighted-average discount rate			8.6	%			8.4	%

Future Minimum Non-Cancelable Lease Payments Under Operating Leases

Future minimum non-cancelable payments under operating leases as of September 30, 2023, were as follows (in thousands):


			Operating Leases
2023 (remainder)			$	886
2024				3,472
2025				3,100
2026				3,085
2027				3,382
Thereafter				7,420
Total future lease payments			$	21,345
Less imputed interest				4,994
Present value of lease liabilities (1)			$	16,351

(1) Lease liabilities include those operating leases that we plan to sublease as a part of our facilities consolidation restructuring efforts. See Note 5 for additional information of restructuring.

Operating Lease Expense

The operating lease expense for the three and nine months ended September 30, 2023 and 2022, were as follows (in thousands):


		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2023				2022				2023				2022
Operating lease expense		$	877			$	837			$	2,595			$	2,406