XML 34 R27.htm IDEA: XBRL DOCUMENT

Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows (dollars in thousands):


		Three Months Ended
		March 31,
		2025				2024
Cash payments for operating leases		$	692			$	968
Right-of-use assets obtained in exchange for operating lease obligations			1,287				140



		March 31, 2025				December 31, 2024
Weighted-average remaining lease term		4.3 years				4.8 years
Weighted-average discount rate			8.9	%			8.6	%

Future Minimum Non-Cancelable Lease Payments Under Operating Leases

Future minimum non-cancelable payments under operating leases as of March 31, 2025, were as follows (in thousands):


			Operating Leases
2025			$	2,978
2026				3,514
2027				3,806
2028				3,292
2029				3,346
Thereafter				846
Total future lease payments			$	17,782
Less imputed interest				3,309
Present value of lease liabilities (1)			$	14,473

(1) Lease liabilities include those operating leases that we plan to sublease as a part of our facilities consolidation restructuring efforts.

Operating Lease Expense

The operating lease expense for the three months ended March 31, 2025 and 2024, were as follows (in thousands):


		Three Months Ended
		March 31,
		2025				2024
Operating lease expense		$	965			$	964