v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Primary Office Leases and Maturity of Lease Liabilities
The following table summarizes our primary office leases as of June 30, 2025 (in thousands, other than term):
LocationLease Termination Term (in years)Future Minimum Lease CommitmentsLetter of Credit Amount Required
Arlington, VA5.6$2,970 $— 
Edison, NJ0.8498 222 
Makati City, Philippines2.92,027 — 
Alpharetta, GA0.3120 — 
Pune, India2.81,609 — 
Brea, CA1.91,894 — 
Maturity of lease liabilities including future lease termination payments (in thousands) is as follows:
Operating lease expense
2025$10,160 
202616,603 
20273,026 
20281,793 
20291,370 
Thereafter1,663 
Total lease payments34,615 
Less:
Interest1,996 
Present value of lease liabilities$32,619 
Schedule of Components of Lease Expense, Weighted-Average Discount Rate and Weighted-remaining Lease Terms
The following table summarizes the components of our lease expense (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2025202420252024
Operating lease cost, net of sublease income$(684)$1,356 $(150)$1,459 
Variable lease cost1,583 1,648 1,922 3,073 
Total lease cost$899 $3,004 $1,772 $4,532 
Our weighted-average discount rate and our weighted remaining lease terms (in years) are as follows:

June 30, 2025December 31, 2024
Weighted average discount rate8.76 %9.09 %
Weighted average remaining lease term1.54.3