Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Summary of Additional Information Related to Leases

Additional information related to the Company’s leases is as follows (in thousands, except lease term and discount rate):

	As of			As of
	June 30, 2023			December 31, 2022
Balance sheet information
ROU assets	$	17,137		$	17,872
Lease liabilities, current	$	3,809		$	3,797
Lease liabilities, non-current		18,000			18,742
Total lease liabilities	$	21,809		$	22,539
Supplemental data
Weighted average remaining lease term	6.30 years			6.57 years
Weighted average discount rate		6.08	%		5.68	%

	Six Months Ended June 30,
	2023		2022
Cash paid for amounts included in lease liabilities	$	2,435	$	3,768
ROU assets obtained in exchange for new lease obligations		2,056		269

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of June 30, 2023 were as follows (in thousands):

Year ending December 31,
2023 (for the remaining six months)	$	2,435
2024		4,608
2025		4,074
2026		3,676
2027		3,377
Thereafter		9,466
Total undiscounted lease payments		27,636
Less: imputed interest		(5,827	)
Total lease liabilities	$	21,809

Schedule of Components of Lease Expense

The following table presents components of lease expense (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2022			2023			2022
Operating lease expense	$	1,148		$	1,613		$	2,481		$	3,221
Short-term lease expense(1)		141			148			310			330
		1,289			1,761			2,791			3,551
Less: Sublease income		(57	)		(23	)		(126	)		(46	)
Total lease expense	$	1,232		$	1,738		$	2,665		$	3,505

(1)Short-term lease expense includes all leases with lease terms ranging from less than one month to one year.