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LEASES

3 Months Ended

Mar. 31, 2025

8. LEASES

We have operating leases for a warehouse, office space, and data center. Our leases have remaining lease terms of one year to eight years, some of which may include options to extend the leases perpetually, and some of which may include options to terminate the leases within one year. Variable lease costs include executory costs, such as taxes, insurance, and maintenance.

The components of lease expenses were as follows (in thousands):


	Three months ended March 31,
	2025		2024
Operating lease cost	$	912	$	882

Variable lease cost	309		268

The following table provides a summary of other information related to leases (in thousands):


	Three months ended March 31,
	2025		2024

Cash payments included in operating cash flows from lease arrangements	$	851	$	936

The following table provides supplemental balance sheet information related to leases:


	March 31, 2025		December 31, 2024
Weighted-average remaining lease term—operating leases	7.12 years		6.65 years
Weighted-average discount rate—operating leases	7	%	6	%

Maturity of lease liabilities under our non-cancellable operating leases as of March 31, 2025, are as follows (in thousands):


Payments due by period	Amount
2025 (Remainder)	$	904
2026	1,247
2027	1,137
2028	1,099
2029	1,132
Thereafter	3,497
Total lease payments	9,016
Less interest	1,884
Present value of lease liabilities	$	7,132