XML 73 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost The total lease cost for the period, including the Company's historical leases and those assumed in connection with the Merger, was as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Operating lease cost

 

$

9,873

 

 

$

7,995

 

 

$

7,987

 

Variable lease cost

 

 

5,002

 

 

 

3,164

 

 

 

2,930

 

Less: Sublease income

 

 

(4,304

)

 

 

(2,679

)

 

 

(189

)

Total lease cost

 

$

10,571

 

 

$

8,480

 

 

$

10,728

 

Schedule of Future Minimum Lease Payments

Future minimum lease payments and sublease income as of December 31, 2024 under commenced non-cancelable operating leases are as follows (in thousands):

 

Fiscal Year

 

Minimum Lease
Payments for
Operating Leases

 

 

Sublease Income

 

 

Net Minimum Lease Payments for Operating Leases

 

2025

 

$

9,717

 

 

$

(2,953

)

 

$

6,764

 

2026

 

 

8,751

 

 

 

(1,381

)

 

 

7,370

 

2027

 

 

7,419

 

 

 

(1,430

)

 

 

5,989

 

2028

 

 

7,370

 

 

 

(1,480

)

 

 

5,890

 

2029

 

 

7,613

 

 

 

(1,532

)

 

 

6,081

 

Thereafter

 

 

2,611

 

 

 

(527

)

 

 

2,084

 

Total future minimum payments (receipts)

 

$

43,481

 

 

$

(9,303

)

 

$

34,178

 

Imputed interest

 

 

(10,784

)

 

 

 

 

 

 

Total operating lease liabilities

 

 

32,697

 

 

 

 

 

 

 

Less: current operating lease liabilities

 

 

(6,228

)

 

 

 

 

 

 

Operating lease liabilities, non-current

 

$

26,469

 

 

 

 

 

 

 

Schedule of Supplemental Lease Information

Supplemental information related to the Company's operating leases was as follows:

 

 

December 31, 2024

 

 

December 31, 2023

 

Weighted average remaining lease term (in years)

 

4.7 years

 

 

5.9 years

 

Weighted average discount rate per annum

 

12.0%

 

 

 

11.8

%

Cash paid for amounts included in the measurement of
   operating lease liabilities

 

$

9,924

 

 

$

7,931