v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Summary of Lease Costs The following tables contain a summary of the lease costs recognized under ASC 842 and other information pertaining to the Company’s operating leases:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Operating Leases - Lease Costs

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease costs

 

$

422

 

 

$

593

 

 

$

1,012

 

 

$

1,187

 

Short-term lease costs

 

 

22

 

 

 

15

 

 

 

56

 

 

 

34

 

Variable lease costs

 

 

27

 

 

 

83

 

 

 

99

 

 

 

168

 

Total lease costs

 

$

471

 

 

$

691

 

 

$

1,167

 

 

$

1,389

 

Summary of Other Operating Lease Information

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

 

(in thousands, except as specified otherwise)

 

Other Operating Lease Information

 

 

 

 

 

 

Operating cash flows used for operating leases

 

$

1,026

 

 

$

1,223

 

Weighted-average remaining lease term (in years)

 

 

0.55

 

 

 

1.00

 

Weighted-average discount rate

 

 

9.9

%

 

 

4.3

%