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Leases (Tables)

9 Months Ended

Sep. 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):


		Nine Months Ended
		September 30,
		2025				2024
Cash payments for operating leases		$	2,665			$	2,674
Right-of-use assets obtained in exchange for operating lease obligations			1,444				140



		September 30, 2025				December 31, 2024
Weighted-average remaining lease term		3.9 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 September 30, 2025, were as follows (in thousands):


			Operating Leases
2025			$	940
2026				3,575
2027				3,874
2028				3,339
2029				3,381
Thereafter				859
Total future lease payments			$	15,968
Less imputed interest				2,686
Present value of lease liabilities (1)			$	13,282

(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 nine months ended September 30, 2025 and 2024, were as follows (in thousands):


		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2025				2024				2025				2024
Operating lease expense		$	1,005			$	964			$	2,977			$	2,929