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Leases (Tables)
9 Months Ended
Sep. 30, 2022
Table Text Blocks  
Schedule of components of lease cost and supplemental cash flow information

Lease cost is recognized on a straight-line basis over the lease term. The components of lease cost for the three and nine months ended September 30, 2022 and 2021 are as follows (in thousands):

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

2022

2021

2022

2021

Operating lease cost

$

627

$

630

$

1,883

$

1,891

Short-term lease cost

274

278

798

706

Total lease cost

$

901

$

908

$

2,681

$

2,597

Supplemental information related to leases for the periods reported is as follows:

Nine Months Ended

September 30, 

2022

2021

Cash paid for amounts included in the measurement of lease liabilities (in thousands)

2,356

2,339

Weighted-average remaining lease term of operating leases (in years)

7.6

8.5

Weighted-average discount rate of operating leases

5.8

%

5.8

%

Schedule of future minimum lease payments under non-cancelable operating leases

Future minimum lease payments under non-cancelable operating leases as of September 30, 2022 are as follows (in thousands):

    

2022(1)

$

758

2023

3,065

2024

3,126

2025

3,189

2026

 

3,252

2027 and thereafter

 

11,603

Total future minimum lease payments

24,993

Less: present value adjustment

(4,856)

Operating lease liabilities

20,137

Less: current portion of operating lease liabilities

(3,050)

Operating lease liabilities, net of current portion

$

17,087

(1) For the three months ending December 31, 2022.