Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.1.u1
Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Future Minimum Rental Payments Future minimum lease payments under these agreements are as follows as of March 31, 2024:

 

(in thousands)

 

Amount

 

 2024

 

$

5,019

 

 2025

 

 

7,649

 

 2026

 

 

7,777

 

 2027

 

 

7,958

 

 2028

 

 

7,385

 

After 2029

 

 

16,441

 

Total future lease payments

 

$

52,229

 

  Less: interest

 

 

(10,266

)

 Present value of lease liabilities

 

$

41,963

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Three Months Ended
March 31, 2024

 

Three Months Ended
March 31, 2023

 

 Supplemental cash flow information:

 

 

 

 

 

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

 

 

1,854

 

 

1,218

 

Schedule of Other Information Related to Operating Leases

 

 

March 31, 2024

 

March 31, 2023

 

 Other lease information

 

 

 

 

 

 Weighted-average remaining lease term - Operating leases

 

6.8 years

 

7.7 years

 

 Weighted-average discount rate - Operating leases

 

 

6.4

%

 

6.4

%