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Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases Leases
The Company leases certain office facilities and equipment under non-cancelable operating leases with remaining terms from less than one to ten years.
Operating lease ROU assets are included in other assets in the consolidated balance sheets. With respect to operating lease liabilities, current operating lease liabilities are included in current liabilities and non-current operating lease liabilities are included in long-term liabilities in the consolidated balance sheets.
The following table presents information about the operating lease right-of-use assets and lease liabilities as well as lease term and discount rates:
Lease right-of-use assets, lease liabilities, lease term and discount rate:December 31, 2024December 31, 2023
(In thousands)
Lease right of use assets
Operating leases$13,841 $9,604 
$13,841 $9,604 
Lease liabilities
Current
Operating leases$5,306 $4,375 
Noncurrent
Operating leases11,166 6,955 
$16,472 $11,330 
For the year ended
December 31, 2024		For the year ended
December 31, 2023
Weighted-average remaining lease term (years):
Operating leases5.43.5
Weighted-average discount rate:
Operating leases5.5 %3.4 %
The components of total lease cost were as follows:
December 31, 2024December 31, 2023
(In thousands)
Operating lease cost$5,454 $4,813 
Short-term lease cost453 740 
Variable lease cost(7)(190)
Sublease income (217)(399)
Finance lease cost:
Amortization of right-of-use assets— 46 
Total lease cost$5,683 $5,010 
Supplemental cash flow and non-cash flow information was as follows:
December 31, 2024December 31, 2023
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$4,684 $4,949 
Financing cash flows from finance leases$— $25 
Right-of-use assets obtained in exchange for new and remeasured operating leases$5,912 $803 
Right-of-use assets obtained through acquisition$2,052 $644 
The following table summarizes by year the maturities of our minimum lease payments as of December 31, 2024.

LEASES
(In thousands)
Year ending December 31,
2025$4,821 
20263,735 
20272,677 
20281,076 
20291,042 
Thereafter5,090 
Total future lease payments18,441 
Less: imputed interest(1,969)
Total$16,472 

Lease abandonment
During the years ended December 31, 2024 and 2023, the Company recorded lease abandonment expenses of $1,219 and $1,602, respectively, and reduced its lease ROU assets for the same amount in connection with the evaluation of the Company's office space footprint. These expenses are included within the general and administrative expenses in the Company's consolidated statements of operations and comprehensive income (loss).
Leases Leases
The Company leases certain office facilities and equipment under non-cancelable operating leases with remaining terms from less than one to ten years.
Operating lease ROU assets are included in other assets in the consolidated balance sheets. With respect to operating lease liabilities, current operating lease liabilities are included in current liabilities and non-current operating lease liabilities are included in long-term liabilities in the consolidated balance sheets.
The following table presents information about the operating lease right-of-use assets and lease liabilities as well as lease term and discount rates:
Lease right-of-use assets, lease liabilities, lease term and discount rate:December 31, 2024December 31, 2023
(In thousands)
Lease right of use assets
Operating leases$13,841 $9,604 
$13,841 $9,604 
Lease liabilities
Current
Operating leases$5,306 $4,375 
Noncurrent
Operating leases11,166 6,955 
$16,472 $11,330 
For the year ended
December 31, 2024		For the year ended
December 31, 2023
Weighted-average remaining lease term (years):
Operating leases5.43.5
Weighted-average discount rate:
Operating leases5.5 %3.4 %
The components of total lease cost were as follows:
December 31, 2024December 31, 2023
(In thousands)
Operating lease cost$5,454 $4,813 
Short-term lease cost453 740 
Variable lease cost(7)(190)
Sublease income (217)(399)
Finance lease cost:
Amortization of right-of-use assets— 46 
Total lease cost$5,683 $5,010 
Supplemental cash flow and non-cash flow information was as follows:
December 31, 2024December 31, 2023
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$4,684 $4,949 
Financing cash flows from finance leases$— $25 
Right-of-use assets obtained in exchange for new and remeasured operating leases$5,912 $803 
Right-of-use assets obtained through acquisition$2,052 $644 
The following table summarizes by year the maturities of our minimum lease payments as of December 31, 2024.

LEASES
(In thousands)
Year ending December 31,
2025$4,821 
20263,735 
20272,677 
20281,076 
20291,042 
Thereafter5,090 
Total future lease payments18,441 
Less: imputed interest(1,969)
Total$16,472 

Lease abandonment
During the years ended December 31, 2024 and 2023, the Company recorded lease abandonment expenses of $1,219 and $1,602, respectively, and reduced its lease ROU assets for the same amount in connection with the evaluation of the Company's office space footprint. These expenses are included within the general and administrative expenses in the Company's consolidated statements of operations and comprehensive income (loss).