v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Additional Information of Operating Leases
Additional information regarding the Company’s real estate operating leases is as follows:

   
Six Months Ended
June 30,
 
   
2025
   
2024
 
Cash payments included in the measurement of lease liabilities reported in operating cash flows
 
$
600
   
$
529
 
Right-of-use assets included in other assets on the condensed consolidated balance sheet
   
4,880
     
2,196
 
Weighted average discount rate
   
7.9
%
   
6.8
%
Weighted average remaining lease term in years
 
7.4 years
   
2.4 years
 
Maturities and Present Value of Lease Liabilities
The following table presents maturities and present value of the Company’s lease liabilities:

   
Lease Liability
 
Remainder of 2025
 
$
607
 
2026
   
1,066
 
2027
   
645
 
2028
   
645
 
2029
   
645
 
Thereafter
   
3,595
 
Total undiscounted lease payments
   
7,203
 
Less: present value adjustment
   
2,220
 
Operating lease liability included in accounts payable and accrued expenses on the condensed consolidated balance sheet
 
$
4,983