Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.3
Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Future Minimum Rental Payments

Future minimum lease payments under these agreements were as follows as of September 30, 2024:

 

(in thousands)

 

Amount

 

 2024 (remaining three months)

 

$

994

 

 2025

 

 

5,955

 

 2026

 

 

6,046

 

 2027

 

 

6,192

 

 2028

 

 

6,338

 

After 2029

 

 

16,441

 

Total future lease payments

 

$

41,966

 

  Less: interest

 

 

(8,399

)

 Present value of lease liabilities

 

$

33,567

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Nine Months Ended September 30, 2024

 

Nine Months Ended September 30, 2023

 

 Supplemental cash flow information:

 

 

 

 

 

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

 

$

8,068

 

$

5,755

 

Schedule of Other Information Related to Operating Leases

 

 

September 30, 2024

 

September 30, 2023

 

 Other lease information

 

 

 

 

 

 Weighted-average remaining lease term - Operating leases

 

6.8 years

 

7.3 years

 

 Weighted-average discount rate - Operating leases

 

 

6.7

%

 

6.4

%