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Leases (Tables)

6 Months Ended

Jun. 30, 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):


		Six Months Ended
		June 30,
		2025				2024
Cash payments for operating leases		$	1,739			$	1,820
Right-of-use assets obtained in exchange for operating lease obligations			1,444				140



		June 30, 2025				December 31, 2024
Weighted-average remaining lease term		4.1 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 June 30, 2025, were as follows (in thousands):


			Operating Leases
2025			$	2,000
2026				3,565
2027				3,855
2028				3,322
2029				3,374
Thereafter				859
Total future lease payments			$	16,975
Less imputed interest				2,968
Present value of lease liabilities (1)			$	14,007

(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 and six months ended June 30, 2025 and 2024, were as follows (in thousands):


		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2025				2024				2025				2024
Operating lease expense		$	1,007			$	1,000			$	1,972			$	1,964