XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.25.2

Leases | 6 Months Ended
--- | ---
Jun. 30, 2025
Leases [Abstract] |
Leases | 5. Leases The Company is party to operating leases for real estate, and for certain equipment and storage space with a term of 12 months or less. The Company is currently not a party to any finance leases. As of June 30, 2025, the Company’s real estate leases have a weighted-average remaining lease term of approximately 4.38 years, and the lease liabilities are measured using a weighted-average discount rate of 7.98%. Total lease expense (net of sublease income) included in selling, general and administrative expenses on the Company’s unaudited condensed consolidated statements of operations was approximately $0.2 million for both the current quarter and prior year quarter, and approximately $0.4 million for both the current six months and prior year six months. Cash paid for amounts included in the measurement of operating lease liabilities was approximately $0.5 million for the current quarter, $0.4 million for the prior year quarter, $0.9 million for the current six months, and $0.8 million for the prior year six months. During the prior year, as a result of entering into an agreement (as sublessor) in January 2024 for the sublease of offices located at 1333 Broadway to a third-party subtenant, the Company recognized non-cash impairment charges related to the right-of-use asset for this location and associated leasehold improvement assets at this location. These impairment charges amounted to approximately $1.2 million for the prior year quarter and approximately $3.5 million for the prior year six months. Future Lease Obligations As of June 30, 2025, the maturities of future lease obligations were as follows: ​
​ | ​ | ​ | ​
​ | ​ | Amount
Year |  | (in thousands)
2025 (July 1 through December 31) | ​ | $ | 1,025
2026 | ​ | ​ | 2,060
2027 | ​ |  | 1,841
2028 | ​ |  | 570
2029 | ​ |  | 585
Thereafter | ​ |  | 1,420
Total lease payments | ​ | ​ | 7,501
Less: Discount | ​ | ​ | 1,339
Present value of lease liabilities | ​ | ​ | 6,162
Current portion of lease liabilities | ​ | ​ | 1,625
Non-current portion of lease liabilities | ​ | $ | 4,537
​

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