XML 36 R14.htm IDEA: XBRL DOCUMENT
v3.25.1

LEASES | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
LEASES | LEASES The Company has entered into various operating leases for certain offices, support locations and vehicles with terms extending through December 2038. Generally, these leases have initial lease terms of five years or less. Operating lease expense was $2.4 million and $2.6 million for the years ended December 31, 2024 and 2023, respectively. Variable lease costs and short-term lease cost were $1.1 million and 1.7 million for the year ended December 31, 2024 and 2023, respectively. Cash paid for amounts included in the measurement of lease liabilities was $2.1 million and $2.2 million for the years ended December 31, 2024 and 2023, respectively. Future minimum lease payments of the Company’s operating leases with a term over one year subsequent to December 31, 2024 are as follows:
Year ending December 31, |  | (in thousands)
2025 |  | $ | 2,141 |
2026 |  | 1,848 |
2027 |  | 1,210 |
2028 |  | 854 |
2029 |  | 824 |
Thereafter |  | 5,835 |
Total Lease Liabilities |  | 12,712 |
Less: Imputed Interest |  | (4,266) |
Present Value of Lease Liabilities |  | $ | 8,446 |
During the year ended December 31, 2024, the weighted-average remaining lease term was 9.6 years, and the weighted-average discount rate was 10.1%. During the year ended December 31, 2023, the weighted-average remaining lease term was 9.9 years, and the weighted-average discount rate was 10.8%.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration