v3.25.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense during the three months ended March 31, 2025 and 2024 are shown in the table below (in thousands):
Three months ended March 31,
20252024
Operating lease expense$1,286 $1,286 
Variable lease expense786 111 
Short-term lease expense23 22 
Total lease expense$2,095 $1,419 
Other information about our operating leases during the three months ended March 31, 2025 and 2024 are shown in the table below (amounts in thousands):
Three months ended March 31,
20252024
Cash paid for amounts included in the measurement of operating lease
   liabilities 		$848 $278 
Weighted-average remaining lease term13.2 years14.2 years
Weighted-average discount rate 9.5 %9.4 %
Schedule of Future Maturing Operating Lease Payments
Future operating lease payments, net of tenant improvement allowance, as of March 31, 2025 are as follows (in thousands):
Year ending December 31:Amount
Remainder of 2025$2,602 
20262,534 
20275,025 
20285,185 
20295,344 
20305,509 
Thereafter42,931 
Total lease payments, net of tenant improvement allowance69,130 
Less - present value adjustments(31,378)
Total operating lease liabilities$37,752