v3.25.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies  
Summary of lease-related assets and liabilities

(In thousands)

    

At June 30, 2025

    

At December 31, 2024

Right of use operating lease assets

$

15,462

$

16,633

Operating lease liabilities:

Current

$

3,095

$

2,980

Non-current

 

14,380

 

15,955

Total

$

17,475

$

18,935

Operating leases:

Weighted average remaining lease term

 

5.3 years

5.8 years

Weighted average discount rate

4.3%

4.4%

Six Months Ended June 30,

2025

2024

Supplemental cash flow information for our operating leases:

Cash paid for operating lease liabilities

$

1,851

$

1,743

Non-cash right of use assets obtained in exchange for new operating lease obligations

$

$

3

Summary of undiscounted cash flows

(In thousands)

2025 (July 1 - December 31)

$

1,884

2026

3,808

2027

 

3,311

2028

 

3,275

2029

 

3,309

Thereafter

 

3,692

Total minimum lease payments

19,279

Less: Amount of lease payments representing interest

(1,804)

Present value of future minimum lease payments

17,475

Less: Current obligations under operating lease liabilities

(3,095)

Non-current obligations under operating lease liabilities

$

14,380