v3.25.2
LEASES (Tables)
12 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Cost
The components of lease cost are as follows (in thousands):

Year Ended
December 31,
Three Months Ended
March 31,
Year Ended March 31,
2022202320242025
Short-term lease cost$443 $453 $57 $840 
Schedule of Cash Flow Information and Non Cash Activity of Operating Leases
Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands):

Year Ended
December 31,
Three Months Ended
March 31,
Year Ended March 31,
2022202320242025
Non-cash activity:
Right-of-use assets obtained in exchange for lease obligations$1,450 $1,198 $2,018 $3,714 
Reduction of right-of-use assets due to MiX Combination (1)
$— $— $— $(946)
(1) Subsequent to the MiX Combination, certain leases were terminated or modified due to the consolidation of leased space.
Schedule of Weighted Average Remaining Lease Term and Discount Rate
Weighted-average remaining lease term and discount rate for our operating leases are as follows:

March 31,
2024
March 31,
2025
Weighted-average remaining lease term - operating leases (in years) (1)
3.564.30
Weighted-average discount rate6.1 %7.8 %
(1) Including expected renewals where appropriate.
Schedule Maturities of Operating Lease Liabilities
Scheduled maturities of operating lease liabilities outstanding as of March 31, 2025 are as follows (in thousands):

Year ending March 31,
2026$5,513 
20273,462 
20282,319 
20291,622 
2030907 
Thereafter1,865 
Total lease payments15,688 
Less: Imputed interest(2,421)
Present value of lease payments$13,267