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LEASES | 6 Months Ended
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Jun. 30, 2025
LEASES |
LEASES | 14. LEASES The Company has operating leases for office space, manufacturing facilities and equipment, computer equipment and automobiles. Many leases include one or more options to renew, some of which include options to extend the leases for a long-term period, and some leases include options to terminate the leases within 30 days. In certain of the Company’s lease agreements, the rental payments are adjusted periodically to reflect actual charges incurred for capital area maintenance, utilities, inflation and/or changes in other indexes. ​ ​ Supplemental cash flow information related to the Company’s operating and finance leases for the six months ended June 30, 2025 and 2024 was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
​ | ​ | 2025 | ​ | 2024
Cash paid for operating leases |  | $ | 3,367 |  | $ | 3,185
Cash paid for interest on finance lease obligations |  | $ | 195 |  | $ | 205
Assets acquired under operating leases | ​ | $ | 1,385 | ​ | $ | 858
Operating lease assets obtained in acquisitions | ​ | $ | — | ​ | $ | 378
​ | ​ | ​ | ​ | ​ | ​ | ​
​ The Company’s finance lease obligations relate to a manufacturing facility. Finance lease assets of $7,261 and $7,577 as of June 30, 2025 and December 31, 2024, respectively, are included in property, plant and equipment, net. As of June 30, 2025, finance lease obligations of $466 are included in accrued liabilities and $7,919 are included in long-term debt on the condensed consolidated balance sheet. As of December 31, 2024, finance lease obligations of $448 are included in accrued liabilities and $8,160 are included in long-term debt on the condensed consolidated balance sheet. ​ The following table presents the maturity of the Company’s operating and finance lease liabilities as of June 30, 2025: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Operating Leases | ​ | Finance Leases
Remainder of 2025 | ​ |  | 3,234 | ​ |  | 416
2026 | ​ | ​ | 6,048 | ​ | ​ | 848
2027 | ​ | ​ | 5,284 | ​ | ​ | 867
2028 | ​ | ​ | 3,966 | ​ | ​ | 886
2029 | ​ | ​ | 2,735 | ​ | ​ | 906
Thereafter | ​ |  | 5,836 | ​ |  | 6,977
Total undiscounted cash flows | ​ | $ | 27,103 | ​ | $ | 10,900
Less: present value discount | ​ | ​ | (3,050) | ​ | ​ | (2,515)
Total lease liabilities | ​ | $ | 24,053 | ​ | $ | 8,385
​ As of June 30, 2025, the Company has entered into leases for additional office space with future minimum lease payments of $4,817 that have yet to be commenced. ​ The Company has operating leases for certain facilities from companies for which a member of management is a part owner. In connection with such leases, the Company made fixed minimum lease payments to the lessor of $272 and $526 during the three and six months ended June 30, 2025 and $237 and $473 during the three and six months ended June 30, 2024, respectively, and is obligated to make payments of $545 during the remainder of 2025. Future fixed minimum lease payments under these leases as of June 30, 2025 are $6,956.

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- 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
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