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Leases
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Leases Leases
We have operating and finance leases for corporate and business offices, service facilities, call centers and certain equipment. Leases with an initial term of 12 months or less are generally not recorded on the balance sheet, unless the arrangement includes an option to purchase the underlying asset, or an option to renew the arrangement, that we are reasonably certain to exercise (short-term lease). Our leases have remaining lease terms of one to eight years, some of which may include options to extend the leases for up to an additional five years.
As of June 30, 2025, assets recorded under finance and operating leases were approximately $0.7 million and $20.0 million, respectively, and accumulated amortization associated with finance leases was $0.2 million. As of December 31, 2024, assets recorded under finance and operating leases were approximately $0.8 million and $21.7 million, respectively, and accumulated amortization associated with finance leases was $0.1 million. Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payment is the interest rate implicit in the lease, or when that is not readily determinable, we utilize our incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. Certain adjustments to the right-of-use asset may be required for items such as initial direct costs paid or incentives received.
There was no impairment of leases during the three and six months ended June 30, 2025 and 2024.
The following table presents supplemental balance sheet information related to our financing and operating leases:
In thousandsAs of June 30, 2025As of December 31, 2024
Operating LeasesFinance LeasesTotalOperating LeasesFinance LeasesTotal
Right-of-use Assets$19,971 $694 $20,665 $21,678 $782 $22,460 
Liabilities
Current portion of lease liabilities3,559 162 3,721 3,578 158 3,736 
Long-term lease liabilities18,460 544 19,004 20,235 625 20,860 
Total Lease Liabilities$22,019 $706 $22,725 $23,813 $783 $24,596 
For the three and six months ended June 30, 2025 and 2024, the components of lease expense were as follows:

Three months ended June 30,Six months ended June 30,
In thousands2025202420252024
Operating lease cost$1,259 $1,333 $2,524 $2,682 
Finance lease cost:
Amortization of right-of-use assets43 24 88 31 
Interest on lease liabilities14 7 29 8 
Total Finance lease cost57 31 117 39 
Variable lease cost369 584 776 1,031 
Sublease income— (157)— (315)
Total lease cost, net$1,685 $1,791 $3,417 $3,437 
Other information related to leases was as follows:
In thousandsSix Months Ended June 30, 2025Six Months Ended June 30, 2024
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,645 $5,637 
Operating cash flows from finance leases27 7 
Financing cash flows from finance leases79 45 
Weighted Average Remaining Lease term
Operating leases5.96.7
Finance leases4.14.6
Weighted Average Discount Rate
Operating leases5.76 %5.71 %
Finance leases7.77 %8.15 %
The maturities of the Company’s finance and operating lease liabilities as of June 30, 2025 are as follows:

In thousandsOperating Leases Finance Leases
Year Ending December 31,
Remainder of 2025$2,558 $104 
20264,159 207 
20274,143 206 
20284,099 206 
20294,138 98 
2030 and beyond7,094 — 
Total future minimum lease payments26,191 821 
Less: imputed interest4,172 115 
Total lease liabilities$22,019 $706 
Leases Leases
We have operating and finance leases for corporate and business offices, service facilities, call centers and certain equipment. Leases with an initial term of 12 months or less are generally not recorded on the balance sheet, unless the arrangement includes an option to purchase the underlying asset, or an option to renew the arrangement, that we are reasonably certain to exercise (short-term lease). Our leases have remaining lease terms of one to eight years, some of which may include options to extend the leases for up to an additional five years.
As of June 30, 2025, assets recorded under finance and operating leases were approximately $0.7 million and $20.0 million, respectively, and accumulated amortization associated with finance leases was $0.2 million. As of December 31, 2024, assets recorded under finance and operating leases were approximately $0.8 million and $21.7 million, respectively, and accumulated amortization associated with finance leases was $0.1 million. Operating lease right of use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The discount rate used to determine the commencement date present value of lease payment is the interest rate implicit in the lease, or when that is not readily determinable, we utilize our incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. Certain adjustments to the right-of-use asset may be required for items such as initial direct costs paid or incentives received.
There was no impairment of leases during the three and six months ended June 30, 2025 and 2024.
The following table presents supplemental balance sheet information related to our financing and operating leases:
In thousandsAs of June 30, 2025As of December 31, 2024
Operating LeasesFinance LeasesTotalOperating LeasesFinance LeasesTotal
Right-of-use Assets$19,971 $694 $20,665 $21,678 $782 $22,460 
Liabilities
Current portion of lease liabilities3,559 162 3,721 3,578 158 3,736 
Long-term lease liabilities18,460 544 19,004 20,235 625 20,860 
Total Lease Liabilities$22,019 $706 $22,725 $23,813 $783 $24,596 
For the three and six months ended June 30, 2025 and 2024, the components of lease expense were as follows:

Three months ended June 30,Six months ended June 30,
In thousands2025202420252024
Operating lease cost$1,259 $1,333 $2,524 $2,682 
Finance lease cost:
Amortization of right-of-use assets43 24 88 31 
Interest on lease liabilities14 7 29 8 
Total Finance lease cost57 31 117 39 
Variable lease cost369 584 776 1,031 
Sublease income— (157)— (315)
Total lease cost, net$1,685 $1,791 $3,417 $3,437 
Other information related to leases was as follows:
In thousandsSix Months Ended June 30, 2025Six Months Ended June 30, 2024
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,645 $5,637 
Operating cash flows from finance leases27 7 
Financing cash flows from finance leases79 45 
Weighted Average Remaining Lease term
Operating leases5.96.7
Finance leases4.14.6
Weighted Average Discount Rate
Operating leases5.76 %5.71 %
Finance leases7.77 %8.15 %
The maturities of the Company’s finance and operating lease liabilities as of June 30, 2025 are as follows:

In thousandsOperating Leases Finance Leases
Year Ending December 31,
Remainder of 2025$2,558 $104 
20264,159 207 
20274,143 206 
20284,099 206 
20294,138 98 
2030 and beyond7,094 — 
Total future minimum lease payments26,191 821 
Less: imputed interest4,172 115 
Total lease liabilities$22,019 $706