Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Components of Lease Cost

Components of lease cost were as follows (in thousands):


		Year Ended December 31,
		2023				2022				2021
Lease cost
Operating lease cost		$	6,793			$	8,530			$	5,009
Short-term lease cost			198				122				364
Variable lease cost			1,828				1,411				1,152
Total lease cost		$	8,819			$	10,063			$	6,525

Schedule of Future Minimum Lease Payments

As of December 31, 2023, operating leases had a weighted-average remaining lease term of 10.4 years and a weighted-average discount rate of 10.5%. Discount rates are based on estimates of the Company's incremental borrowing rate, as the discount rates implicit in the leases cannot be readily determined. Future lease payments under operating leases as of December 31, 2023 were as follows (in thousands):


		Amount
2024		$	8,134
2025			8,057
2026			7,230
2027			7,189
2028			5,215
2029 and thereafter			42,798
Total future minimum lease payments			78,623
Less: imputed interest			(32,541	)
Present value of future minimum lease payments			46,082
Less: current portion of operating lease liability (included in accrued and other current liabilities)			(7,761	)
Long-term operating lease liabilities		$	38,321