Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Future Minimum Rental Payments Future minimum lease payments under these agreements are as follows as of March 31, 2023:

 

(in thousands)

 

Amount

 

 2023 (remaining nine months)

 

$

5,697

 

 2024

 

 

7,580

 

 2025

 

 

7,650

 

 2026

 

 

7,777

 

 2027

 

 

7,958

 

After 2028

 

 

23,826

 

Total future lease payments

 

$

60,488

 

  Less: interest

 

 

(13,118

)

 Present value of lease liabilities

 

$

47,370

 

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Three Months Ended
March 31, 2023

 

Three Months Ended March 31, 2022

 

 Supplemental cash flow information:

 

 

 

 

 

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

 

 

1,218

 

 

613

 

Schedule of Other Information Related to Operating Leases

 

 

March 31, 2023

 

 Other lease information

 

 

 

 Weighted-average remaining lease term - Operating leases

 

7.7 years

 

 Weighted-average discount rate - Operating leases

 

 

6.4

%