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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract] |
Maturity of Future Payments Of Operating Lease Liabilities | As of December 31, 2024, future payments of operating lease liabilities are as follows (in thousands):
|  | As of December 31, 2024 |
2025 |  | $ | 10,089 |
2026 |  |  | 12,958 |
2027 |  |  | 13,329 |
2028 |  |  | 13,712 |
2029 and thereafter |  |  | 43,994 |
Total future payments of operating lease liabilities |  |  | 94,082 |
Less: imputed interest |  |  | (28,773 | )
Present value of operating lease liabilities |  | $ | 65,309 |
Summary Of presentation of operating lease In consolidated balance sheet | The following table summarizes the presentation in the Company's consolidated balance sheets of its operating leases (in thousands):
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
Assets: |  |  |  |  |  |
Operating lease assets |  | $ | 64,357 |  |  | $ | 63,492 |
Liabilities: |  |  |  |  |  |
Operating lease liabilities, current |  |  | 4,570 |  |  |  | 3,246 |
Operating lease liabilities, net of current portion |  |  | 60,739 |  |  |  | 59,140 |
Total operating lease liabilities |  | $ | 65,309 |  |  | $ | 62,386 |
Lease cost in the Company's consolidated statement of operations | The following table summarizes the effect of lease costs in the Company's consolidated statement of operations (in thousands):
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |
Operating lease costs |  | $ | 11,564 |  |  | $ | 10,626 |
Short-term lease costs |  |  | - |  |  |  | 44 |
Variable lease costs |  |  | 3,408 |  |  |  | 5,120 |
Total lease costs |  | $ | 14,972 |  |  | $ | 15,790 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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