Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Lease Cost
Our operating lease cost was as follows for the years ended December 31, (in thousands):
2023 2022 2021
Operating lease cost (a)
$ 6,480  $ 2,714  $ 1,731 
(a) Excludes short-term lease expense, which is not material.
Future Minimum Annual Non-cancelable Commitments - Leases
The table below summarizes future minimum lease payments under operating leases, recorded on the balance sheet, as of December 31, 2023 (in thousands):
Year ending December 31,
2024 $ 6,555 
2025 6,959 
2026 6,079 
2027 5,119 
2028 4,612 
Thereafter 6,448 
Minimum lease payments 35,772 
Less: imputed interest (5,856)
Present value of minimum lease payments 29,916 
Less: current portion of lease liabilities (a)
(4,957)
Long-term lease liabilities $ 24,959 
(a) The current portion of lease liabilities are presented within accrued expenses and other current liabilities on our consolidated balance sheets. Refer to Note (9) "Accrued Expenses and Other Current Liabilities."
Supplemental Lease Information
Other supplemental operating lease information for the year ended December 31, was as follows (in thousands):
2023 2022 2021
Cash paid for amounts included in the measurement of operating lease liabilities $ 5,045  $ 2,441  $ 1,474 
Right-of-use assets obtained in exchange for new operating lease liabilities $ 11,812  $ 11,876  $ 8,182