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Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Lease, Cost
Lease expense is included in office and technology expenses in the unaudited Consolidated Statements of Operations. Information regarding the Company’s leases follows:
Three Months Ended
March 31,
(in thousands)20252024
Operating leases$667 $658 
Finance leases:
Amortization of lease assets62 71 
Lease expense$729 $729 
Sub-lease income(43)(52)
Lease cost$686 $677 
Lessee, Lease Liability, Current and Non-current
Components of the lease liability presented on the unaudited Consolidated Balance Sheets are as follows:
(in thousands)As of
March 31, 2025		As of
December 31, 2024
Current:
Operating lease liabilities$2,834 $2,026 
Finance lease liabilities231 226 
Non-current:
Operating lease liabilities5,000 3,728 
Finance lease liabilities309 376 
Total lease liabilities$8,374 $6,356 
Lessee, Lease Liability, Maturity
The future minimum lease payments for leases that have initial or remaining noncancelable lease terms in excess of one year as of March 31, 2025, are summarized as follows:
Year Ended (in thousands)Operating
Leases		Finance
Leases		Total
2025$1,825 $244 $2,069 
20261,975 159 2,134 
20271,183 111 1,294 
2028738 55 793 
2029714 — 714 
Thereafter2,304 — 2,304 
Total undiscounted payments$8,739 $569 $9,308 
Less: present value adjustment(905)(29)(934)
Lease liabilities$7,834 $540 $8,374 
Lease Other Information
Supplemental lease information is as follows:
As of
March 31, 2025		As of
December 31, 2024
Weighted average remaining lease term (years)
Operating leases5.193.88
Finance leases2.242.84
Weighted average discount rate
Operating leases4.0 %4.0 %
Finance leases4.6 %4.4 %