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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Lessee, Balance Sheet Classification

Leases consist of the following (in thousands):

												As of December 31,
Assets						Classification						2024						2023
Operating						Operating lease right-of-use assets						$	7,189					$	8,518
Finance						Property and equipment, net						2						27
Total leases												$	7,191					$	8,545
Liabilities
Current
Operating						Operating lease liabilities						$	1,861					$	2,052
Finance						Accrued expenses and other current liabilities						3						26
Non Current
Operating						Operating lease liabilities, non-current						6,018						6,966
Finance						Other liabilities						—						2
Total lease liabilities												$	7,882					$	9,046

Schedule of Future Minimum Payments for Operating Leases

At December 31, 2024, the maturities of our remaining operating lease were as follows (in thousands, except years and percentages):

						Operating leases
2025						$	1,895
2026						1,935
2027						1,916
2028						1,562
2029						1,290
Thereafter						186
Total minimum lease payments						8,784
Less: Effects of discounting						905
Present value of lease liabilities						$	7,879
Less: current portion						$	1,861
Long-term lease liabilities						$	6,018
Weighted-average remaining lease term as of December 31, 2024 (in years)						4.7
Weighted-average incremental borrowing rate as of December 31, 2024						4.82		%
Weighted-average remaining lease term as of December 31, 2023 (in years)						5.0
Weighted-average incremental borrowing rate as of December 31, 2023						4.51		%

Schedule of Lease, Cost

The component of our lease costs included in our consolidated statements of operations were as follows (in thousands):

			Year Ended December 31,
			2024						2023						2022
Lease cost
Operating lease cost			$	2,696					$	3,127					2,384
Other variable cost			318						276						250
Finance lease cost			26						38						17
Net lease cost			$	3,040					$	3,441					2,651

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- Definition

Lessee, Balance Sheet Classification

+ References

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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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