v3.22.2.2
LEASES (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Summary of operating lease expense and other operating lease information Total operating lease expense, net is as follows (in thousands):
Three Months EndedNine Months Ended
September 30,September 30,
2022202120222021
Fixed lease costs$3,440 $2,919 $10,509 $8,762 
Variable lease costs540 416 1,520 1,318 
Sublease income(169)— (169)— 
  Lease expense, net of sublease income$3,811 $3,335 $11,860 $10,080 
Supplemental cash flow information related to operating leases is as follows (in thousands):
Nine Months Ended
September 30,
20222021
Cash paid for operating lease liabilities, net of lease incentive$9,922 $9,868 
ROU assets recorded in exchange for lease obligations$— $212 
The weighted average remaining lease term and the weighted average discount rate are summarized as follows:
September 30,
20222021
Weighted average remaining lease term7.11 years8.46 years
Weighted average discount rate6.95 %6.88 %
Schedule of maturities of operating lease liabilities
Maturities of the Company’s operating lease liabilities are as follows (in thousands):
YearAggregate Minimum Payments Due
2022 (remaining three months)$3,261 
202313,304 
202413,435 
202512,575 
202612,310 
Thereafter39,423 
   Total future lease payments94,308 
   Less: imputed interest(20,543)
   Total operating lease liabilities$73,765 
Schedule of operating lease not yet commenced, payments due
As of September 30, 2022, the Company has entered into one lease agreement not included above as the Company has not yet taken possession of the property. When the lease commences, the future lease obligations will be as follows (in thousands):
YearAggregate Minimum Payments Due
2022 (remaining three months)$81 
2023492 
2024493 
2025503 
2026505 
Thereafter443 
   Total future lease payments$2,517