XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.25.2

Leases | 6 Months Ended
--- | ---
Jun. 30, 2025
Leases [Abstract] |
Leases | Note 10. Leases The Company leases real estate from unrelated parties under operating lease agreements that have initial terms ranging from one year to 9 years. Some leases include one or more options to renew, generally at our sole discretion, of five additional years each. The components of lease expense are as follows:
| Three months ended June 30, |  | Six months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands)
Operating lease cost | $ | 827 |  |  | $ | 900 |  |  | $ | 1,681 |  |  | $ | 2,069 |
Variable lease cost | 621 |  |  | 828 |  |  | 1,127 |  |  | 1,276 |
Short-term lease cost | 85 |  |  | 138 |  |  | 162 |  |  | 244 |
Total lease cost | $ | 1,533 |  |  | $ | 1,866 |  |  | $ | 2,970 |  |  | $ | 3,589 |
The Company ceased use of certain leased premises and subleased certain facilities resulting in impairment charges of $0.4 million during the six months ended June 30, 2024 to impair the right-of-use lease assets to their fair value, which are included in loss on held for sale and impairments on our unaudited condensed consolidated statement of operations and comprehensive loss. Supplemental cash flow information related to leases is as follows:
| Three months ended June 30, |  | Six months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands)
Cash paid for operating lease liabilities | $ | 977 |  |  | $ | 1,358 |  |  | $ | 2,017 |  |  | $ | 2,479 |
Operating lease assets obtained in exchange for operating lease liabilities | $ | 135 |  |  | $ | 763 |  |  | $ | 334 |  |  | $ | 940 |
Supplemental balance sheet information, included in other non-current assets, accrued expenses and other and other non-current liabilities on the unaudited condensed consolidated balance sheets, related to leases is as follows:
| June 30, |  | December 31,
| 2025 |  | 2024
| (in thousands)
Operating lease right-of-use assets | $ | 9,459 |  |  | $ | 10,464 |
Current operating lease liabilities | 3,485 |  |  | 3,084 |
Long-term operating lease liabilities | 11,632 |  |  | 13,212 |
Total operating lease liabilities | $ | 15,117 |  |  | $ | 16,296 |
At June 30, 2025 and December 31, 2024, the weighted average remaining lease term for operating leases was 4.65 years and 5.15 years, respectively, and the weighted average discount rate was 5.3% and 5.2%, respectively. Future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities recognized on the balance sheet as of June 30, 2025 is as follows (in thousands):
Year ended December 31, |
2025 (remainder of year) | $ | 2,195 |
2026 | 4,133 |
2027 | 3,518 |
2028 | 2,792 |
2029 | 2,481 |
Thereafter | 2,254 |
Total lease payments | 17,373 |
Less: imputed interest | 2,256 |
Total present value of lease liabilities | $ | 15,117 |

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