Note 14. Leases

Rent expense under the Company’s operating lease agreements was $2.0 million and $2.0 million for the three months ended June 30, 2023 and 2022. For the six months ended June 30, 2023 and 2022, rent expense was $4.1 million and $2.6 million. There were not any financing, variable, or short term leases during the six months ended June 30, 2023 and 2022. The Company exited certain leased facilities during fiscal year 2023 and is in the process of seeking subleases for those properties. The Company recorded a non-cash, pre-tax impairment of $4.0 million related to the operating lease right-of-use (“ROU”) asset recorded for 480 Pleasant

Street. See Note 2 for additional information on the impairment. Future minimum lease payments under these agreements are as follows as of June 30, 2023: