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Leases | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Leases | Leases The Company leases real estate for office space under operating leases. As of December 31, 2022, the remaining lease terms varied from 0.1 years to 3 years. For one of its leases, the Company has an option to extend the lease term for a period of 3 years. This renewal option is not considered in the remaining lease term unless it is reasonably certain that the Company will exercise such option. Operating lease expense, included in rent and occupancy in the consolidated statements of operations, for the years ended December 31, 2022, 2021, and 2020 was $4.1 million, $2.9 million, and $1.6 million, respectively. Variable lease payments for the years ended December 31, 2022, 2021, and 2020 were $1.0 million, $0.7 million, and $0.6 million, respectively. Sublease income for the years ended December 31, 2022, 2021, and 2020 of $0.7 million, $0.2 million, and $0, respectively, was included in other income, net in the consolidated statements of operations. The table below presents additional information related to the Company’s operating leases (in thousands):
| As of December 31,
| 2022 |  | 2021
Operating lease right-of-use assets | $ | 5,706 |  |  | $ | 7,881 |
Operating lease liabilities, current | $ | 3,896 |  |  | $ | 5,367 |
Operating lease liabilities, noncurrent | $ | 3,541 |  |  | $ | 5,159 |
Weighted-average remaining lease term (in years) | 2.6 |  | 2.2
Weighted-average discount rate | 6.0 | % |  | 4.9 | %
Future undiscounted lease payments under operating leases as of December 31, 2022 were as follows (in thousands):
| Lease Payment Obligation |  | Sublease Income |  | Net Lease Obligation
2023 | $ | 4,220 |  |  | $ | (768) |  |  | $ | 3,452 |
2024 | 2,134 |  |  | (360) |  |  | 1,774 |
2025 | 1,619 |  |  | (210) |  |  | 1,409 |
2026 | — |  |  | — |  |  | — |
2027 | — |  |  | — |  |  | — |
Total undiscounted lease payments | $ | 7,973 |  |  | $ | (1,338) |  |  | $ | 6,635 |
Less: imputed interest | (536) |  |  |  |  |
Present value of future lease payments | $ | 7,437 |  |  |  |  |
Less: operating lease liabilities, current | $ | 3,896 |  |  |  |  |
Operating lease liabilities, noncurrent | $ | 3,541 |  |  |  |  |
As of December 31, 2022, the Company did not have any additional significant lease contracts that had not yet commenced. During the year ended December 31, 2022, the Company ceased using one of its leased office spaces and made a decision to sublease this space to a third party. The sublease agreement was signed in April 2022. Based on the terms of the sublease agreement, the Company determined that the right-of-use asset related to this office space was impaired, and recorded an impairment loss of $0.3 million for the year ended December 31, 2022 in rent and occupancy in the consolidated statements of operations.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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