v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense
Components of lease expense required by ASC 842 are presented below for the three and six months ended June 30, 2025 and 2024.
Three Months Ended June 30,
20252024
(in thousands)
Lease cost
Operating lease cost$2,108 $1,945 
Short-term lease cost296 323 
Variable lease cost431 551 
Total lease cost$2,835 $2,819 

Six Months Ended June 30,
20252024
(in thousands)
Lease cost
Operating lease cost$4,211 $3,782 
Short-term lease cost470 494 
Variable lease cost961 841 
Total lease cost$5,642 $5,117 
Schedule of Supplemental Information Required by ASC 842
Supplemental information required by ASC 842 is presented below for the six months ended June 30, 2025 and 2024.

Six Months Ended June 30,
20252024
(dollar amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$4,393$3,958
Weighted-average remaining lease term — operating leases2.4 years2.9 years
Weighted-average discount rate — operating leases6.9 %6.9 %
Schedule of Future Minimum Lease Payments
The following is a schedule by calendar year of future minimum lease payments under operating leases that have remaining terms as of June 30, 2025:

Period/YearOperating Leases
(in thousands)
July to December 31, 2025$4,341 
20266,816 
20273,788 
20281,654 
2029116 
2030 and thereafter— 
Total minimum lease payments$16,715 
Less: imputed interest1,364 
Present value of lease liabilities$15,351