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]  
Schedule of Future Minimum Rental Payments

Future minimum lease payments under our operating leases are as follows as of December 31, 2023:

 

(in thousands)

 

Amount

 

 2024

 

$

6,877

 

 2025

 

 

7,652

 

 2026

 

 

7,777

 

 2027

 

 

7,958

 

 2028

 

 

7,385

 

After 2029

 

 

16,441

 

Total future lease payments

 

$

54,090

 

  Less: interest

 

 

(10,951

)

 Present value of lease liabilities

 

$

43,139

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Year Ended
December 31, 2023

 

Year Ended
December 31, 2022

 

 Supplemental cash flow information:

 

 

 

 

 

 Cash payments for operating leases included in cash flows used in operating activities

 

 

7,865

 

 

5,849

 

Schedule of Other Information Related to Operating Leases

 

 

December 31, 2023

 

December 31, 2022

 

 Other lease information

 

 

 

 

 

 Weighted-average remaining lease term - Operating leases

 

7.1 years

 

7.9 years

 

 Weighted-average discount rate - Operating leases

 

 

6.4

%

 

6.4

%