Quarterly report pursuant to Section 13 or 15(d)

Right-of-Use Assets and Lease Liabilities (Tables)

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Right-of-Use Assets and Lease Liabilities (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Operating Leases
The Company’s operating leases were as follows:
March 31, 2024 December 31, 2023
(in thousands)
Right-of-use assets, net (1)
$ 5,608  $ 6,150 
Current operating lease liabilities (2)
$ 3,081  $ 3,754 
Operating lease liabilities, long-term (2)
8,205  8,909 
Total operating lease liabilities $ 11,286  $ 12,663 

(1)Includes impact of accelerated expense on abandoned right-of-use assets related to the global restructuring plan implemented in 2023, see Note 18 — Restructuring and Related Charges for additional information.
(2)Current and long-term operating lease liabilities are recorded in accrued expenses and other current liabilities, and other non-current liabilities, respectively, on the Company’s condensed consolidated balance sheets.
Schedule of Lease Cost, Supplemental Cash Flow Information and Weighted Average remaining Lease Term and Weighted Average Discount Rate
Supplemental cash flow information related to leases was as follows:
Three Months Ended
March 31,
2024 2023
(in thousands)
Cash paid for amounts included in measurement of operating lease liabilities $ 1,453  $ 1,549 
ROU assets obtained in exchange for operating lease liabilities $ —  $ 824 
The weighted average remaining lease term and weighted average discount rate for the Company’s operating leases were as follows:
March 31,
2024 2023
Weighted average remaining lease term (in years) 3.97 3.92
Weighted average discount rate 5.4  % 4.9  %