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Leases
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Leases Leases
The Company leases office space and equipment under various operating and finance leases, which generally are expected to be renewed or replaced by other leases. The finance leases currently held are considered immaterial. The components of lease cost were as follows:
Components of Lease Cost
Three Months Ended
March 31,
(in thousands)20252024
Finance lease cost:
     Amortization of right-of-use assets$$
Operating lease cost1,879 1,662 
Short-term lease cost681 475 
Variable lease cost54 73 
Total lease cost$2,616 $2,212 

Rent expense for the three months ended March 31, 2025 and 2024 was immaterial.
Maturities of operating lease liabilities were as follows:
Future Minimum Lease Payments
(in thousands)March 31, 2025December 31, 2024
2025$5,187 *$6,998 
20265,762 5,719 
20273,629 3,595 
20281,582 1,556 
2029945 927 
Thereafter935 914 
Total minimum lease payments$18,040 $19,709 
Less imputed interest(1,259)(1,432)
Total operating lease liabilities$16,781 $18,277 
*Period ended March 31, 2025 represents the remaining nine months of 2025.
Future Lease Commencements

As of March 31, 2025, there are additional operating leases, primarily for buildings, that have not yet commenced in the amount of $1.9 million. These operating leases will commence in fiscal year 2025 with lease terms of 4 to 5 years.

Supplemental balance sheet information related to leases was as follows:
Operating Leases
(in thousands)March 31, 2025December 31, 2024
Other non-current assets
$16,527 $18,099 
Accrued liabilities6,241 6,449 
Other long-term liabilities10,540 11,828 
    Total operating lease liabilities$16,781 $18,277 
Weighted Average Remaining Lease Term3.36 years3.49 years
Weighted Average Discount Rate4.56 %4.57 %

Supplemental cash flow information related to leases was as follows:
Three Months Ended
March 31,
(in thousands)20252024
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$1,698 $1,550 
Leases Leases
The Company leases office space and equipment under various operating and finance leases, which generally are expected to be renewed or replaced by other leases. The finance leases currently held are considered immaterial. The components of lease cost were as follows:
Components of Lease Cost
Three Months Ended
March 31,
(in thousands)20252024
Finance lease cost:
     Amortization of right-of-use assets$$
Operating lease cost1,879 1,662 
Short-term lease cost681 475 
Variable lease cost54 73 
Total lease cost$2,616 $2,212 

Rent expense for the three months ended March 31, 2025 and 2024 was immaterial.
Maturities of operating lease liabilities were as follows:
Future Minimum Lease Payments
(in thousands)March 31, 2025December 31, 2024
2025$5,187 *$6,998 
20265,762 5,719 
20273,629 3,595 
20281,582 1,556 
2029945 927 
Thereafter935 914 
Total minimum lease payments$18,040 $19,709 
Less imputed interest(1,259)(1,432)
Total operating lease liabilities$16,781 $18,277 
*Period ended March 31, 2025 represents the remaining nine months of 2025.
Future Lease Commencements

As of March 31, 2025, there are additional operating leases, primarily for buildings, that have not yet commenced in the amount of $1.9 million. These operating leases will commence in fiscal year 2025 with lease terms of 4 to 5 years.

Supplemental balance sheet information related to leases was as follows:
Operating Leases
(in thousands)March 31, 2025December 31, 2024
Other non-current assets
$16,527 $18,099 
Accrued liabilities6,241 6,449 
Other long-term liabilities10,540 11,828 
    Total operating lease liabilities$16,781 $18,277 
Weighted Average Remaining Lease Term3.36 years3.49 years
Weighted Average Discount Rate4.56 %4.57 %

Supplemental cash flow information related to leases was as follows:
Three Months Ended
March 31,
(in thousands)20252024
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$1,698 $1,550