Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Lease, Cost

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

	Year Ended December 31,
	2023		2022
Operating lease cost	$	7,468	$	6,876
Finance lease cost	189		192
Total lease cost	$	7,657	$	7,068

Supplemental cash flow information related to leases was as follows (in thousands):

	Year Ended December 31,
	2023		2022
Cash paid for amounts included in measurement of lease liabilities:
Operating cash outflows - payments on operating leases	$	5,789	$	5,015
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	1,041	$	10,424

Assets and Liabilities, Lessee

Supplemental balance sheet information related to leases was as follows (in thousands):

	December 31,
	2023		2022
Operating leases
Operating lease right-of-use assets	$	21,102	$	26,206
Operating lease liabilities, current	$	6,236	$	5,676
Operating lease liabilities, non-current	15,607		20,915
Total operating lease liabilities	$	21,843	$	26,591
Finance leases
Furniture and fixtures	$	869	$	869
Accumulated depreciation	(362)		(188)
Furniture and fixtures, net	$	507	$	681
Accrued liabilities	$	133	$	125
Other liabilities, non-current	483		616
Total finance lease liabilities	$	616	$	741

Other information related to leases was as follows:

	December 31,
	2023		2022
Weighted-average remaining lease term:
Operating leases	3.7 years		4.6 years
Finance leases	4.3 years		5.3 years
Weighted-average discount rate:
Operating leases	3.23	%	3.22	%
Finance leases	2.24	%	2.24	%

Lessee, Operating Lease, Liability, Maturity

As of December 31, 2023, the maturities of lease liabilities under operating and finance leases were as follows (in thousands):

	Operating Leases		Finance Leases		Total
Year ending December 31,
2024	$	6,842	$	145	$	6,987
2025	5,423		149		5,572
2026	5,632		153		5,785
2027	4,278		158		4,436
2028	994		41		1,035
Total minimum lease payments	23,169		646		23,815
Less: imputed interest	(1,326)		(30)		(1,356)
Total present value of lease liabilities	$	21,843	$	616	$	22,459

Finance Lease, Liability, Fiscal Year Maturity

As of December 31, 2023, the maturities of lease liabilities under operating and finance leases were as follows (in thousands):

	Operating Leases		Finance Leases		Total
Year ending December 31,
2024	$	6,842	$	145	$	6,987
2025	5,423		149		5,572
2026	5,632		153		5,785
2027	4,278		158		4,436
2028	994		41		1,035
Total minimum lease payments	23,169		646		23,815
Less: imputed interest	(1,326)		(30)		(1,356)
Total present value of lease liabilities	$	21,843	$	616	$	22,459