v3.25.1
LEASES
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Lessee, Operating Leases
NOTE 7: LEASES
The Company leases its office facilities under agreements that expire at various dates through November 2032.
Components of operating lease expense were as follows:
Three Months Ended March 31, 2025Three Months Ended March 31, 2024
Operating lease cost$903 $684 
Short-term lease cost— — 
Variable lease cost59 34 
Total$962 $718 
Supplementary cash flow information related to operating leases was as follows:
Three Months Ended March 31, 2025Three Months Ended March 31, 2024
Cash paid for operating leases$208 $387 
As of March 31, 2025, the weighted-average discount rate is 4.7% and the weighted-average remaining term is 7.0 years. Maturities of the Company’s operating lease liabilities as of March 31, 2025 were as follows:
Year Ending December 31,
2025 (Remainder)2,326 
20263,126 
20272,693 
20282,313 
20292,313 
20302,313 
2031 and thereafter4,240 
Total operating lease payments19,324 
Less: imputed interest2,423 
Total operating lease liabilities$16,901