XML 41 R30.htm IDEA: XBRL DOCUMENT v3.23.1
Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Summary of Operating Lease Assets and Liabilities

The following table summarizes the presentation in the Company’s condensed consolidated balance sheets of its operating leases (in thousands):

 

 

March 31, 2023

 

 

December 31, 2022

 

Assets:

 

 

 

 

 

 

Operating lease assets

 

$

108,914

 

 

$

110,984

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Operating lease liabilities

 

$

4,784

 

 

$

3,601

 

Operating lease liabilities, net of current portion

 

 

106,692

 

 

 

107,942

 

Total operating lease liabilities

 

$

111,476

 

 

$

111,543

 

Summary of Lease Costs


The following table summarizes the effect of lease costs in the Company’s consolidated statements of operations and comprehensive loss (in thousands):

 

 

Three Months Ended
March 31,

 

 

 

2023

 

 

2022

 

Operating lease costs

 

$

5,410

 

 

$

1,672

 

Short-term lease costs

 

 

368

 

 

 

355

 

Variable lease costs

 

 

1,763

 

 

 

1,032

 

Total lease costs

 

$

7,541

 

 

$

3,059

 

 

Schedule of Future Payments of Operating Lease Liabilities

As of March 31, 2023, future payments of operating lease liabilities are as follows (in thousands):

 

 

As of
 March 31, 2023

 

2023 (remaining 9 months)

 

$

13,403

 

2024

 

$

19,055

 

2025

 

$

21,164

 

2026

 

$

21,754

 

2027 and thereafter

 

$

108,383

 

Total future minimum lease payments

 

$

183,759

 

Less: interest

 

 

(72,283

)

Present value of operating lease liabilities

 

$

111,476