v3.25.1
Lease (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense
Operating lease cost is recognized on a straight-line basis over the lease term. The components of lease expense are as follows (in thousands):
Three months ended March 31,
20252024
Operating lease cost$1,008 $761 
Short-term lease cost11 290 
Total lease cost$1,019 $1,051 
Schedule of Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows (in thousands):
Three months ended March 31,
20252024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash outflows - payments on operating leases$1,022 $806 
  
Right-of-use assets obtained in exchange for new lease obligations:  
Operating leases$599 $— 
Schedule of Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows (in thousands):
March 31,
2025
December 31,
2024
Operating lease right-of-use assets$9,869 $10,168 
Included in other current liabilities:
Operating lease liabilities, current$3,538 $3,756 
Operating lease liabilities, noncurrent7,448 7,552 
Total operating lease liabilities$10,986 $11,308 
Weighted-average remaining lease term - operating leases:3.463.49
Weighted-average discount rate - operating leases:3.5%3.4%
Schedule of Future Undiscounted Cash Flows and Reconciliation to the Lease Liabilities Recognized
Future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities recognized on the balance sheet as of March 31, 2025 is as follows (in thousands):
2025 (excluding the three months ended March 31, 2025)$3,066 
20263,036 
20272,664 
20282,209 
2029514 
Thereafter142 
Total lease payments$11,631 
Less imputed interest(645)
Total present value of lease liabilities$10,986