v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The following table presents various components of the lease costs (in thousands):
Operating LeasesThree Months Ended June 30,Six Months Ended June 30,
2025202420252024
Operating lease cost$3,181 $3,333 $6,289 $6,064 
Short-term lease cost153 116 283 217 
Variable lease cost1,228 949 2,531 1,860 
    Total lease cost
$4,562 $4,398 $9,103 $8,141 
The weighted-average remaining term of our operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount RateJune 30, 2025June 30, 2024
Weighted-average remaining lease term (in years)3.94.7
Weighted-average discount rate8.9 %9.0 %
The following table presents supplemental information arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of the operating lease liabilities, and as such, are excluded from the amounts below (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Supplemental Cash Flow Information:2025202420252024
Cash payments included in the measurement of operating lease liabilities, net of tenant allowance receipts
$3,715 $498 $4,752 $4,001 
Schedule of Maturities of Operating Lease Liabilities
As of June 30, 2025, maturities of the operating lease liabilities are as follows (in thousands):
Operating Leases
Remainder of 2025$5,718 
202611,998 
20279,861 
20288,724 
20293,932 
Thereafter3,015 
Total lease payments43,248 
Less: imputed interest(7,225)
Present value of operating lease liabilities$36,023