Quarterly report pursuant to Section 13 or 15(d)

Leases

v3.24.2.u1
Leases
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company leases office facilities in San Francisco, California, Bangladesh, and India. Lease costs for the periods indicated below are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2024 2023 2024 2023
Operating lease cost $ 406  $ 336  $ 816  $ 546 
Short-term lease cost 15  91  68  175 
Total lease cost $ 421  $ 427  $ 884  $ 721 
The weighted average remaining term and weighted average discount rate for the Company's operating leases are as follows:
June 30, 2024 December 31, 2023
Weighted-average remaining lease term (in years) 3.5 4.0
Weighted-average discount rate 8.3  % 8.3  %
As of June 30, 2024, the maturities of the Company’s operating lease liabilities (excluding short-term leases) are as follows:
2024 (remaining six months) $ 686 
2025 1,636 
2026 1,695 
2027 1,021 
2028 459 
2029 10 
Total $ 5,507 
Less: imputed interest (773)
Operating lease liability 4,734 
Less: Operating lease liability, current portion 1,432 
Operating lease liability, net of current portion $ 3,303