v3.25.2
Leases
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Leases
Note 10. Leases
The Company leases real estate from unrelated parties under operating lease agreements that have initial terms ranging from one year to 9 years. Some leases include one or more options to renew, generally at our sole discretion, of five additional years each.
The components of lease expense are as follows:

Three months ended
June 30,		Six months ended
June 30,
2025202420252024
(in thousands)
Operating lease cost$827 $900 $1,681 $2,069 
Variable lease cost621 828 1,127 1,276 
Short-term lease cost85 138 162 244 
Total lease cost$1,533 $1,866 $2,970 $3,589 
The Company ceased use of certain leased premises and subleased certain facilities resulting in impairment charges of $0.4 million during the six months ended June 30, 2024 to impair the right-of-use lease assets to their fair value, which are included in loss on held for sale and impairments on our unaudited condensed consolidated statement of operations and comprehensive loss.
Supplemental cash flow information related to leases is as follows:
Three months ended
June 30,		Six months ended
June 30,
2025202420252024
(in thousands)
Cash paid for operating lease liabilities$977 $1,358 $2,017 $2,479 
Operating lease assets obtained in exchange for operating lease liabilities$135 $763 $334 $940 
Supplemental balance sheet information, included in other non-current assets, accrued expenses and other and other non-current liabilities on the unaudited condensed consolidated balance sheets, related to leases is as follows:
June 30,December 31,
20252024
(in thousands)
Operating lease right-of-use assets$9,459 $10,464 
Current operating lease liabilities3,485 3,084 
Long-term operating lease liabilities11,632 13,212 
Total operating lease liabilities$15,117 $16,296 
At June 30, 2025 and December 31, 2024, the weighted average remaining lease term for operating leases was 4.65 years and 5.15 years, respectively, and the weighted average discount rate was 5.3% and 5.2%, respectively.
Future undiscounted cash flows for each of the next five years and thereafter and reconciliation to the lease liabilities recognized on the balance sheet as of June 30, 2025 is as follows (in thousands):

Year ended December 31,
2025 (remainder of year)
$2,195 
20264,133 
20273,518 
20282,792 
20292,481 
Thereafter2,254 
Total lease payments17,373 
Less: imputed interest2,256 
Total present value of lease liabilities$15,117