Leases (Tables)

9 Months Ended

Sep. 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
	September 30, 2023			December 31, 2022
Balance sheet information
ROU assets	$	16,414		$	17,872
Lease liabilities, current	$	3,759		$	3,797
Lease liabilities, non-current		17,243			18,742
Total lease liabilities	$	21,002		$	22,539
Supplemental data
Weighted average remaining lease term	6.14 years			6.57 years
Weighted average discount rate		6.07	%		5.68	%

	Nine Months Ended September 30,
	2023		2022
Cash paid for amounts included in lease liabilities	$	3,441	$	5,552
ROU assets obtained in exchange for new lease obligations		2,215		287

Schedule of Maturities of Lease Liabilities

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

Year ending December 31,
2023 (for the remaining three months)	$	1,358
2024		4,638
2025		4,108
2026		3,694
2027		3,380
Thereafter		9,467
Total undiscounted lease payments		26,645
Less: imputed interest		(5,643	)
Total lease liabilities	$	21,002

Schedule of Components of Lease Expense

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
Operating lease expense	$	1,192		$	1,446		$	3,673		$	4,667
Short-term lease expense(1)		113			143			423			473
		1,305			1,589			4,096			5,140
Less: Sublease income		(64	)		(56	)		(190	)		(102	)
Total lease expense	$	1,241		$	1,533		$	3,906		$	5,038

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