v3.25.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Operating Lease Expense
The below tables provide supplemental cash flow and other information related to operating leases (in thousands, except for lease term and discount rate):

Six Months Ended June 30,
20252024
Cash paid for amounts included in the measurement of lease liabilities:$1,872 $1,810 
Right-of-use assets obtained in exchange for lease obligations:$— $39 

As of June 30,
20252024
Weighted average remaining lease term (in years)6.47.3
Weighted average discount rate4.3 %4.3 %
The following table summarizes the components of 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,
(in thousands)2025202420252024
Operating lease cost799 798 1,598 1,594 
Variable lease cost429 437 679 818 
Total lease costs1,228 1,235 2,277 2,412 
Schedule of Future Minimum Lease Commitments
Future minimum lease commitments are as follows as of June 30, 2025 (in thousands):

Dates
Operating Leases
Remaining six months ended December 31, 2025
$1,910 
20263,879 
20273,980 
20284,107 
20293,307 
Thereafter7,992 
Total lease payments25,175 
Less imputed interest(3,392)
Present value of lease liabilities$21,783