v3.24.1.u1
Right of Use Assets and Lease Liabilities (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Quantitative Information About Operating Leases
The following table presents the weighted average remaining lease term, and the weighted average discount rates related to leases as of March 31, 2024 and December 31, 2023:
March 31, 2024December 31, 2023
Other information
Weighted average remaining lease term5.0 years5.3 years
Weighted average discount rate9.07 %9.07 %
The following table presents the lease cost for the three-month periods ended March 31, 2024 and 2023 (in thousands):
Three Months Ended March 31,
20242023
Lease cost
Operating lease cost$941$1,085
Variable lease cost411404
Short-term lease cost536672
$1,888$2,161
Schedule Of Maturity Analysis Under Lease Agreements
Maturity analysis under the lease agreements is as follows (in thousands):
Nine months ending December 31, 2024$2,850 
Year ending December 31, 20253,907 
Year ending December 31, 20263,974 
Year ending December 31, 20274,022 
Year ending December 31, 20284,144 
Thereafter1,771 
Total20,668 
Less: Present value discount(4,292)
Total operating lease liability16,376 
Less: Current portion(3,639)
Operating lease liabilities, non-current$12,737