XML 32 R25.htm IDEA: XBRL DOCUMENT

Commitments (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Supplemental Balance Sheet and Other Information related to Operating and Finance Leases

Supplemental balance sheet and other information related to our operating and finance leases as of March 31, 2025 and December 31, 2024 were as follows:


(in thousands)
Leases		Classification		March 31, 2025				December 31, 2024
Assets
Operating		Operating lease right-of-use assets		$	28,315			$	28,699
Finance		Property and equipment, net			492				523
Total leased assets				$	28,807			$	29,222
Liabilities
Current:
Operating		Current liabilities, operating lease liability		$	2,600			$	2,492
Finance		Current liabilities, finance lease liability			53				208
Non-Current:
Operating		Operating lease liability			15,267				15,325
Total lease liabilities				$	17,920			$	18,025

Weighted-average discount rate
Operating lease					15.0	%			15.0	%
Finance lease					10.5	%			10.5	%
Weighted-average remaining lease term (years)
Operating lease					12.2				12.4
Finance lease					0.1				0.3

Schedule of Supplemental Cash Flow Information related to leases

Supplemental cash flow information related to our leases for the three months ended March 31, 2025 and 2024 were as follows:


		Three months ended March 31,
(in thousands)		2025				2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating lease		$	620			$	—
Operating cash flows from finance lease		4					—
Financing cash flows from finance lease		155					—
Non-cash transaction
Right-of-use asset obtained in exchange for lease obligations:
Operating lease			—				109

Chestnut Run Lease

Schedule of Future Minimum Annual Lease Payments Under Operating and Finance Lease

Future minimum annual lease payments for operating and finance lease at March 31, 2025 are as follows:


(in thousands)	Operating lease				Finance lease
2025 (remaining)	$	2,088			$	53
2026		2,973				-
2027		3,047				-
2028		3,124				-
2029		3,202				-
2030		3,282				-
Thereafter		23,094				-
Total undiscounted lease payments		40,810				53
Less imputed interest		(22,943	)			—
Lease liability	$	17,867			$	53