v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Components of Operating Lease Expense
The following table summarizes the components of the Company's operating lease expense for the three and six months ended June 30, 2025 and 2024:

Three months ended
June 30,		Six months ended
June 30,
2025202420252024
in thousands
Operating lease expense (1)
$2,116 $1,841 $4,226 $4,038 
Variable lease expense (1) (2)
874 1,304 1,768 1,970 
Sublease revenue (3)
(254)(353)(555)(656)
Lease cost, net$2,736 $2,792 $5,439 $5,352 
(1)    Classified within "General and administrative expenses" in the Condensed Consolidated Statements of Operations.
(2)    Amounts include payments for maintenance, taxes, insurance, and payments affected by the Consumer Price Index.
(3)    Classified within "Membership, marketplace and other revenue" in the Condensed Consolidated Statements of Operations.
The following tables summarize supplemental balance sheet information related to operating leases as of June 30, 2025 and December 31, 2024:

June 30,December 31,
20252024
in thousands
Operating lease ROU assets $42,549 $44,485 
Current lease liabilities (1)
6,777 6,715 
Long-term lease liabilities40,903 43,178 
Total operating lease liabilities$47,680 $49,893 
(1)    Current lease liabilities are recorded within "Accounts payable, accrued expenses and other current liabilities" on the Condensed Consolidated Balance Sheets.

June 30,December 31,
20252024
in thousands
ROU assets obtained in exchange for new operating lease liabilities$916 $1,317 
Weighted average lease term7.888.23
Weighted average discount rate5.0 %5.0 %
Schedule of Maturities of Lease Liabilities
The following table summarizes information about the amount and timing of the Company's future operating lease commitments as of June 30, 2025:

in thousands
2025 - remaining$4,611 
20268,624 
20278,160 
20288,074 
20296,281 
Thereafter22,548 
Total lease payments58,298 
Less: imputed interest(10,618)
Total lease liabilities$47,680