v3.24.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Operating lease cost$3,274$3,149$9,562 $9,453
Short-term lease cost—125178 534
Financing lease cost5515 15
Total lease cost$3,279$3,279$9,755$10,002
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):

Nine Months Ended September 30,
20242023
Cash paid for operating lease liabilities, net of tenant incentives received $11,805$11,482
ROU assets recognized for new leases and amendments (non-cash)$—$1,299

Other information related to leases is as follows:

As of,
September 30, 2024December 31, 2023
Weighted average remaining lease term 3.4 years4.1 years
Weighted average discount rate5.01 %4.97 %
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to the Company’s operating leases is as follows (in thousands):
As of,
September 30, 2024December 31, 2023
Operating lease ROU assets$30,141$36,987
Operating lease liabilities, current13,12614,081
Operating lease liabilities, non-current29,33337,498
Total lease liabilities$42,459$51,579
Schedule of Future Undiscounted Annual Cash Flows
Future undiscounted annual cash flows for the Company’s operating leases as of September 30, 2024 are as follows (in thousands):
Fiscal Year Ending December 31,
Remaining portion of 2024$3,519
202513,249
202613,441
202712,692
20283,205
Total future undiscounted lease payments46,106
Less imputed interest(3,647)
Total lease liabilities$42,459