Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

LEASES

v3.23.2
LEASES
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
LEASES

NOTE 5:-

LEASES
 
Below is a summary of the Company operating right-of-use assets, net and operating lease liabilities as of June 30, 2023:
 
Operating lease right-of-use assets, net
  
$
26,528
  
 
        
Operating lease liabilities, current
  
$
5,602
  
Operating lease liabilities, non-current
    
28,122
  
 
        
Total operating lease liabilities
  
$
33,724
  
Weighted average remaining lease term (years)
    
9.37
  
Weighted average discount rate of operating leases
    
4.59
%

 

Additional information regarding the Company’s operating leases:
 
   
Six Months Ended
June 30, 2023
(unaudited)
  
Operating lease costs
  
$
1,894
  
Variable lease payments
  
$
118
  
Short term lease costs
  
$
6
  
Operating cash flows from lease incentives received, net of cash paid for operating leases
  
$
184
  
 
Minimum lease payments over the remaining lease periods as of June 30, 2023, are as follows:
 
Year Ended December 31, (unaudited)
      
2023
  
$
1,997
  
2024
    
3,876
  
2025
    
4,204
  
2026
    
4,207
  
2027
    
4,197
  
Thereafter
    
20,750
  
 
        
Total undiscounted lease payments
  
$
39,231
  
 
        
Less: interest
    
(5,507
)
 
        
Present value of lease liabilities
  
$
33,724