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LEASES
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
LEASES LEASES
The Company leases office space, warehouses, and vehicles, in the U.S. and internationally under both operating and finance leases. Variable lease expense related to operating leases, excluding non-lease components included in total lease costs, did not have a significant impact on the Company's consolidated financial statements.
In September 2024, the Company entered into a non-cancelable sublease agreement for office space, which commenced in October 2024 and extends through 2029. The sublease terminates in the event the related master lease is terminated. Upon commencement, the Company recognized a right-of-use asset and lease liability related to the agreement in accordance with ASC 842. In November 2024, the Company acquired all of the outstanding voting equity interest of Big Beverages and recognized right-of-use assets and lease liabilities for the property leases assumed with the acquisition in accordance with ASC 805 and ASC 842. Refer to Note 17. Acquisition.
The components of lease costs were as follows:
For the years ended December 31,
202420232022
Operating lease costs$2,145 $814 $664 
Amortization of right of use assets- finance lease126 86 110 
Lease costs$2,271 $900 $774 
Supplemental cash flow information and non-cash activity were as follows:
For the years ended December 31,
202420232022
Cash paid for amounts related to lease liabilities:
Operating cash flows from finance leases (interest)$11 $$
Operating cash flows from operating leases1,684 836 670 
Financing cash flows from finance leases (principal)61 44 63 
Non-cash lease activity:
Right-of-use assets obtained in exchange for lease obligations$21,934 $1,816 $731 

Weighted-average remaining lease terms and discount rates:
For the years ended December 31,
20242023
2022
Weighted-average remaining lease terms in years
Operating leases5.292.892.02
Finance leases1.812.302.69
Weighted-average discount rate
Operating leases5.23 %6.77 %6.52 %
Finance leases4.14 %3.92 %3.00 %
The aggregate annual lease obligations at December 31, 2024, were as follows:
Operating LeasesFinance Leases
2025$3,888 $111 
20264,838 181 
20274,804 14 
20283,751 24 
20293,494 — 
Thereafter2,267 — 
Total future minimum lease payments$23,042 $330 
Less: amounts representing interest3,103 19 
Present value of lease liabilities19,939 311 
Less: current portion3,265 100 
Long-term portion$16,674 $211 
LEASES LEASES
The Company leases office space, warehouses, and vehicles, in the U.S. and internationally under both operating and finance leases. Variable lease expense related to operating leases, excluding non-lease components included in total lease costs, did not have a significant impact on the Company's consolidated financial statements.
In September 2024, the Company entered into a non-cancelable sublease agreement for office space, which commenced in October 2024 and extends through 2029. The sublease terminates in the event the related master lease is terminated. Upon commencement, the Company recognized a right-of-use asset and lease liability related to the agreement in accordance with ASC 842. In November 2024, the Company acquired all of the outstanding voting equity interest of Big Beverages and recognized right-of-use assets and lease liabilities for the property leases assumed with the acquisition in accordance with ASC 805 and ASC 842. Refer to Note 17. Acquisition.
The components of lease costs were as follows:
For the years ended December 31,
202420232022
Operating lease costs$2,145 $814 $664 
Amortization of right of use assets- finance lease126 86 110 
Lease costs$2,271 $900 $774 
Supplemental cash flow information and non-cash activity were as follows:
For the years ended December 31,
202420232022
Cash paid for amounts related to lease liabilities:
Operating cash flows from finance leases (interest)$11 $$
Operating cash flows from operating leases1,684 836 670 
Financing cash flows from finance leases (principal)61 44 63 
Non-cash lease activity:
Right-of-use assets obtained in exchange for lease obligations$21,934 $1,816 $731 

Weighted-average remaining lease terms and discount rates:
For the years ended December 31,
20242023
2022
Weighted-average remaining lease terms in years
Operating leases5.292.892.02
Finance leases1.812.302.69
Weighted-average discount rate
Operating leases5.23 %6.77 %6.52 %
Finance leases4.14 %3.92 %3.00 %
The aggregate annual lease obligations at December 31, 2024, were as follows:
Operating LeasesFinance Leases
2025$3,888 $111 
20264,838 181 
20274,804 14 
20283,751 24 
20293,494 — 
Thereafter2,267 — 
Total future minimum lease payments$23,042 $330 
Less: amounts representing interest3,103 19 
Present value of lease liabilities19,939 311 
Less: current portion3,265 100 
Long-term portion$16,674 $211