XML 32 R18.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Leases | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Leases | 9. Leases The underlying assets of the Company’s leases primarily relate to office space leases, but also include some equipment leases. The Company determines if an arrangement qualifies as a lease at its inception. As of December 31, 2024 and 2023, all leases were classified as operating leases. Additional information related to the operating leases is as follows (in thousands):
|  | December 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Right-of-use assets |  | $ | 16,083 |  |  | $ | 16,745 |
Operating lease liabilities |  | $ | 16,954 |  |  | $ | 17,895 |
Weighted average remaining term in years |  |  | 2.73 |  |  |  | 2.83 |
Weighted average discount rate used to measure outstanding lease liabilities |  |  | 6.20 | % |  |  | 7.20 | %
For the years ended December 31, 2024, 2023, and 2022, the total lease cost for operating leases was approximately $10.2 million, $7.0 million, and $6.2 million, respectively. Supplemental cash flow information related to operating leases for the years ended December 31, 2024, 2023 and 2022 is as follows (in thousands):
|  | 2024 |  |  | 2023 |  |  | 2022 |
Operating cash flows from operating leases |  | $ | 9,263 |  |  | $ | 7,939 |  |  | $ | 7,375 |
Operating lease assets obtained in exchange for lease obligations |  |  | — |  |  |  | 2,700 |  |  |  | — |
The maturity of the Company’s operating lease liabilities as of December 31, 2024 are as follows (in thousands):
2025 |  |  | $ |  | 7,468 |
2026 |  |  |  |  | 7,076 |
2027 |  |  |  |  | 2,351 |
2028 |  |  |  |  | 559 |
2029 and thereafter |  |  |  |  | 853 |
Total future minimum lease payments |  |  |  |  | 18,307 |
Less imputed interest |  |  |  |  | (1,353 | )
Total operating lease liabilities |  |  | $ |  | 16,954 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration