v3.24.3
Right of Use Assets and Lease Liabilities (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2024 and December 31, 2023:
September 30, 2024December 31, 2023
Other information
Weighted average remaining lease term4.7 years5.3 years
Weighted average discount rate8.82 %9.07 %
The following table presents the lease cost for the nine-month periods ended September 30, 2024 and 2023 (in thousands):
Nine Months Ended September 30,
20242023
Lease cost
Operating lease cost$3,027$2,921
Variable lease cost1,2541,130
Short-term lease cost1,8541,757
$6,135$5,808
Schedule Of Maturity Analysis Under Lease Agreements
Maturity analysis under the lease agreements is as follows (in thousands):
Three months ending December 31, 2024$1,112 
Year ending December 31, 20254,436 
Year ending December 31, 20264,513 
Year ending December 31, 20274,573 
Year ending December 31, 20284,707 
Thereafter2,457 
Total21,798 
Less: Present value discount(4,089)
Total operating lease liability17,709 
Less: Current portion(4,203)
Operating lease liabilities, non-current$13,506