Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies

Summary of lease-related assets and liabilities


(In thousands)		At June 30, 2024			At December 31, 2023
Right of use operating lease assets		$	17,828		$	19,128

Operating lease liabilities:
Current		$	2,799		$	2,807
Non-current			17,142			18,436
Total		$	19,941		$	21,243

Operating leases:
Weighted average remaining lease term			6.3 years			6.7 years
Weighted average discount rate			4.3%			4.3%

		Six Months Ended June 30,
		2024			2023
Supplemental cash flow information for our operating leases:
Cash paid for operating lease liabilities		$	1,743		$	1,710
Non-cash right of use assets obtained in exchange for new operating lease obligations		$	3		$	—

Summary of undiscounted cash flows


(In thousands)
2024 (July 1 - December 31)		$	1,791
2025			3,645
2026			3,716
2027			3,210
2028			3,185
Thereafter			6,943
Total minimum lease payments			22,490
Less: Amount of lease payments representing interest			(2,549)
Present value of future minimum lease payments			19,941
Less: Current obligations under operating lease liabilities			(2,799)
Non-current obligations under operating lease liabilities		$	17,142