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Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases Leases
The Company has operating leases for real estate and certain equipment. The Company leases office space in Canada, Germany, Spain, the U.K. and the U.S. under operating leases. Our leases have remaining lease terms ranging from less than one year to up to seven years. Certain leases include one or more options to renew. In addition, we sublease certain real estate to a third party. All of our leases qualify as operating leases.
The following table summarizes the components of lease expense for the years ended December 31, 2024 and 2023 (in thousands):
Year Ended December 31,
20242023
Operating lease cost$2,133 $2,349 
Short-term lease cost544 149 
Variable lease cost496 580 
Sublease income— (271)
    Total lease cost$3,173 $2,807 
Cash payments against the operating lease liabilities totaled $3.4 million for each of the years ended December 31, 2024. ROU assets obtained in exchange for lease obligations was $1.3 million and $602,000 for the year ended December 31, 2024 and 2023, respectively.
The following table summarizes the presentation in our consolidated balance sheets of our operating leases (in thousands):
Year Ended December 31,
20242023
Assets:
Operating lease right-of-use assets$5,655 $6,015 
Liabilities:
Operating lease liabilities$2,472 $2,530 
Long-term operating lease liabilities5,646 6,717 
Total operating lease liabilities$8,118 $9,247 
Weighted average remaining lease term (years)4.435.26
Weighted average discount rate4.8 %4.3 %
Maturities of remaining lease liabilities at December 31, 2024 were as follows (in thousands):
Years ending December 31,
2025$2,987 
20261,800 
20271,458 
20281,458 
Thereafter1,674 
    Total lease payments9,377 
Less interest(1,259)
    Present value of operating lease liabilities$8,118