v3.25.2
LEASES
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
LEASES
8. LEASES

The Company has operating leases for office space and a data center. The Company's leases have remaining lease terms of two years to eight years, some of which may include options to extend the leases perpetually, and some of which may include options to terminate the leases within one year. Variable lease costs include executory costs, such as taxes, insurance, and maintenance.
The components of lease expenses were as follows (in thousands):
Three months ended
June 30,
Six months ended
June 30,
2025202420252024
Operating lease cost$521 $677 $1,433 $1,559 
Variable lease cost308 163 617 431 
    
The following table provides a summary of other information related to leases (in thousands):
Six months ended
June 30,
20252024
Cash payments included in operating cash flows from lease arrangements$1,226$1,657

The following table provides supplemental balance sheet information related to leases:
June 30,
2025
December 31,
2024
Weighted-average remaining lease term—operating leases7.17 years6.65 years
Weighted-average discount rate—operating leases%%

Maturity of lease liabilities under non-cancellable operating leases as of June 30, 2025, are as follows (in thousands):
Payments due by periodAmount
2025 (Remainder)$554 
20261,285 
20271,150 
20281,099 
20291,132 
Thereafter3,497 
Total lease payments 8,717 
Less interest1,811 
Present value of lease liabilities$6,906