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Leases | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Leases | Note 9. Leases The Company primarily leases facilities for office and data center space under non-cancelable operating leases for its U.S. and international locations. As of December 31, 2024, non-cancelable leases expire on various dates between 2025 and 2029. Generally, the non-cancelable leases include one or more options to renew, with renewal terms that can extend the lease term from one to six years. The Company has the right to exercise or forego the lease renewal options. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. As of December 31, 2024 and 2023, the balance sheet components of leases were as follows (in thousands):
| December 31, 2024 |  | December 31, 2023
Operating lease right-of-use assets | $ | 46,463 |  |  | $ | 42,989 |
Accrued liabilities | $ | 20,445 |  |  | $ | 16,707 |
Operating lease liabilities | 29,733 |  |  | 28,178 |
Total operating lease liabilities | $ | 50,178 |  |  | $ | 44,885 |
The components of operating lease expense were as follows (in thousands):
| Twelve Months Ended December 31,
| 2024 |  | 2023 |  | 2022
Operating lease cost (1) | $ | 25,167 |  |  | $ | 23,315 |  |  | $ | 22,800 |
Variable lease cost (2) | 4,560 |  |  | 4,412 |  |  | 3,930 |
Total lease cost | $ | 29,727 |  |  | $ | 27,727 |  |  | $ | 26,730 |
(1)Includes short-term lease costs, which were not material in the years ended December 31, 2024, 2023, and 2022. (2)Variable lease cost includes common area maintenance, property taxes, utilities and fluctuations in rent due to a change in an index or rate. As of December 31, 2024, maturities of operating lease liabilities were as follows (in thousands):
Year Ending December 31, |
2025 | $ | 23,000 |
2026 | 18,024 |
2027 | 8,587 |
2028 | 4,227 |
2029 onwards | 816 |
Total future minimum lease payments | 54,654 |
Less: Imputed interest | (4,476) |
Present value of lease liabilities | $ | 50,178 |
The supplemental cash flow information related to operating leases for the twelve months ended December 31, 2024 and 2023 were as follows (in thousands):
| Year ended December 31,
| 2024 |  | 2023
Operating cash flows resulting from operating leases: |  |  |
Cash paid for amounts included in the measurement of lease liabilities | $ | 21,876 |  |  | $ | 22,844 |
New ROU assets obtained in exchange of lease liabilities: |  |  |
Operating leases | $ | 24,966 |  |  | $ | 27,846 |
Other information related to operating leases were as follows:
| December 31, 2024 |  | December 31, 2023
Weighted-average remaining operating lease term (years) | 2.6 |  | 3.0
Weighted-average operating lease discount rate | 6.6 | % |  | 7.0 | %
As of December 31, 2024, the Company has additional operating leases of approximately $0.8 million that have not yet commenced and, as such, have not yet been recognized on the Company's Consolidated Balance Sheet. These operating leases are expected to commence in the first quarter of 2025 with minimum lease terms of approximately one year.

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- 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
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