Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Lease Cost
The components of lease expense are as follows:
 
 
  
 
  
Year Ended December 31,
 
 
  
 
  
2022
 
  
2021
 
Operating lease costs
(1)
    Selling, general and administrative expenses   
$
 
8,474
 
  
$
 
8,722
  
         
 
 
     
 
 
  
Total lease cost
        
$
8,474
 
  
$
8,722
 
         
 
 
     
 
 
  
 
(
1
)
Includes short-term leases and variable lease costs for the year ended December 31, 2022 and 2021.
Summary of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
 
Balance Sheet Information
  
Classification
  
As of December 31,
 
  
2022
 
  
2021
 
Right-of-use
assets, net
    Operating leases   
$
  28,399      $  30,429  
Lease liabilities
                       
Current portion of lease liabilities
    Operating leases    $ 7,789      $ 7,342  
Long-term portion of lease liabilities
    Operating leases      28,836        27,814  
         
 
 
     
 
 
  
Total
        
$
36,625
 
  
$
35,156
 
         
 
 
     
 
 
  
Summary of Maturities of Lease Liabilities for Operating Leases
Maturities of lease liabilities for operating leases as of December 31, 2022, were as follows:
 
 
  
Operating
Leases
 
2023
  
$
 
7,789		  
2024
      7,891  
2025
      8,007  
2026
      7,827  
2027
      7,211  
Thereafter
      54,834  
    
 
 
  
Total lease payments
   
$
 93,559  
Less: interest expense
      (56,934 ) 
    
 
 
  
Present value of lease liabilities
  
$
 36,625  
Weighted-average remaining lease term (years)
      11.1  
Weighted-average discount rate
      20 %