Leases (Tables)

12 Months Ended

Dec. 31, 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 December 31,
	2023			2022
Balance sheet information
ROU assets	$	16,075		$	17,872
Lease liabilities, current	$	3,825		$	3,797
Lease liabilities, non-current		16,694			18,742
Total lease liabilities	$	20,519		$	22,539
Supplemental data
Weighted average remaining lease term	5.91 years			6.57 years
Weighted average discount rate		6.12	%		5.68	%

	Year Ended December 31,
	2023		2022		2021
Cash paid for amounts included in lease liabilities	$	4,810	$	7,280	$	6,574
ROU assets obtained in exchange for new lease obligations		2,680		11,850		8,250

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of December 31, 2023 were as follows (in thousands):

Year ending December 31,
2024	$	4,932
2025		4,290
2026		3,820
2027		3,388
2028		3,187
Thereafter		6,284
Total undiscounted lease payments		25,901
Less: imputed interest		(5,382	)
Total lease liabilities	$	20,519

Schedule of Components of Lease Expense

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

	Year Ended December 31,
	2023			2022			2021
Operating lease expense	$	4,904		$	6,089		$	6,383
Short-term lease expense(1)		545			638			832
		5,449			6,727			7,215
Less: Sublease income		(247	)		(155	)		(61	)
Total lease expense	$	5,202		$	6,572		$	7,154

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