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Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Primary Office Leases and Maturity of Lease Liabilities
The following table summarizes our primary office leases as of September 30, 2024 (in thousands, other than term):
LocationLease Termination Term (in years)Future Minimum Lease CommitmentsLetter of Credit Amount Required
Arlington, VA (1)
6.3$3,258 $1,579 
Edison, NJ1.6854 222 
Makati City, Philippines3.72,532 — 
Alpharetta, GA1.0481 — 
Pune, India3.52,053 — 
Brea, CA2.62,611 — 
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(1) Amounts required under the letter of credit for our previous headquarters’ lease in Arlington, VA until March 2025.
Maturity of lease liabilities (in thousands) is as follows:
Operating lease expense
2024$2,106 
20258,340 
20267,568 
20276,957 
20285,810 
Thereafter12,428 
Total lease payments43,209 
Less:
Interest7,671 
Present value of lease liabilities$35,538 
Schedule of Components of Lease Expense, Weighted-Average Discount Rate and Weighted-remaining Lease Terms
The following table summarizes the components of our lease expense (in thousands):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2024202320242023
Operating lease cost$1,131 $5,026 $2,590 $5,239 
Variable lease cost1,314 1,407 4,387 4,528 
Total lease cost$2,445 $6,433 $6,977 $9,767 
Our weighted-average discount rate and our weighted remaining lease terms (in years) are as follows:

September 30, 2024
Weighted average discount rate7.24 %
Weighted average remaining lease term5.6