XML 40 R29.htm IDEA: XBRL DOCUMENT v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Lease Cost Lease cost amounts included in the measurement of lease obligations and other information related to non-cancellable operating leases were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Operating lease cost(1)
$1,242 $1,033 $2,485 $2,065 
(1) The Company had no variable lease costs.
Other information:Operating Leases
Weighted-average remaining lease term (in years)7.3 years
Weighted-average discount rate7.0 %
Six Months Ended June 30,
Cash paid (in thousands):
20252024
Operating cash flows from operating leases$2,428 $2,357 
Operating Lease Maturity
As of June 30, 2025, our maturity analysis of annual undiscounted cash flows of the non-cancellable operating leases are as follows (in thousands):
Years Ending December 31,Operating Leases
2025 (remaining 6 months)$2,440 
20265,014 
20274,053 
20285,400 
20295,365 
Thereafter15,695 
Total minimum lease payments37,967 
Less: imputed interest8,360 
Lease obligations$29,607 
Reconciliation of operating lease liabilities as shown within the unaudited condensed consolidated balance sheets (in thousands):
Current portion of lease obligations - Operating leases$3,001 
Long-term lease obligations - Operating leases26,606 
Total operating lease liabilities$29,607