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Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Summary of Lease Costs Recognized and Other Information Pertaining to Operating Leases

The following table contains a summary of the lease costs recognized under ASU 2016-02 and other information pertaining to the Company’s operating leases for the three and six months ended June 30, 2023 and 2022:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Lease cost

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

1,170

 

 

$

1,144

 

 

$

2,309

 

 

$

2,343

 

Variable lease cost

 

 

1,340

 

 

 

1,170

 

 

 

2,676

 

 

 

2,313

 

Short-term lease cost

 

 

109

 

 

 

76

 

 

 

182

 

 

 

151

 

 

$

2,619

 

 

$

2,390

 

 

$

5,167

 

 

$

4,807

 

Other information:

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:
   Operating cash flows used in operating leases

 

 

 

 

 

 

 

$

2,570

 

 

$

2,501

 

Right of use assets obtained in exchange for new operating lease liabilities

 

 

 

 

 

 

 

$

2,090

 

 

$

1,479

 

Weighted average remaining lease term (in years)

 

 

 

 

 

 

 

1.89

 

 

2.6

 

Weighted average discount rate

 

 

 

 

 

 

 

 

6.01

%

 

 

4.71

%

Summary of Maturities of Operating Lease Liabilities

Pursuant to the terms of the Company’s non-cancelable lease agreements in effect at June 30, 2023, the following table summarizes the Company’s maturities of operating lease liabilities as of June 30, 2023:

 

 

June 30,

 

 

2023

 

Operating lease liabilities payment

 

 

 

2023

 

$

2,512

 

2024

 

 

4,766

 

2025

 

 

1,856

 

Total lease payments

 

$

9,134

 

Less: imputed interest

 

 

(506

)

Present value of lease liability

 

$

8,628