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Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Summary of Balance Sheet Classification of Operating Lease Liabilities

The balance sheet classification of the Company’s operating lease liabilities was as follows:

		March 31,				December 31,
		2025				2024
		(in thousands)
Operating lease liabilities:
Operating lease liability – current		$	12,979			$	12,872
Operating lease liability – noncurrent			121,363				122,971
Total operating lease liabilities		$	134,342			$	135,843

Summary of Components of Lease Costs

The components of lease costs for the three months ended March 31, 2025 and 2024 were as follows (in thousands):

		Three Months Ended March 31,
		2025				2024
		(in thousands)
Operating lease cost		$	4,823			$	2,798
Less: Sublease income			(1,268	)			—
Total operating lease cost, net(1)		$	3,555			$	2,798

(1) Net lease cost does not include short-term lease and variable lease costs, which were immaterial.

Schedule of Maturities of Operating Lease Liabilities

As of March 31, 2025, the maturities of the Company’s operating lease liabilities were as follows (in thousands):

2025 (remaining nine months)		$	14,068
2026			17,048
2027			17,554
2028			17,695
2029			18,314
Thereafter			124,123
Total undiscounted lease payments		$	208,802
Less: Imputed interest			(67,800	)
Less: Lease receivable			(6,660	)
Total operating lease liabilities		$	134,342

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Summary of balance sheet classification of operating lease liabilities.

+ References

No definition available.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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