Leases

6 Months Ended

Jun. 30, 2025

Leases [Abstract]

Leases

16.Leases

The Company has operating leases for corporate and medical offices. These leases have remaining lease terms ranging from three months to 21 years, some of which may include options to extend the leases for up to ten years, and some of which may include options to terminate the leases within one year. These leases consist of payments that are fixed or variable. Variable lease payments are based on an index or a rate such as the Consumer Price Index.

Operating lease costs for the three months ended June 30, 2025 and 2024 were $3.6 million and $3.1 million, respectively. Operating cash flows from operating leases for the three months ended June 30, 2025 and 2024 were $3.2 million and $2.7 million, respectively. Operating lease costs for the six months ended June 30, 2025 and 2024 were $7.2 million and $6.2 million, respectively. Operating cash flows from operating leases for the six months ended June 30, 2025 and 2024 were $6.4 million and $5.6 million.

Leases with an initial term of 12 months or less are not recorded on the condensed consolidated balance sheets.
 

Other information related to operating leases was as follows:

	Six Months Ended June 30,
	2025			2024
Weighted Average Remaining Lease Term	6.99 years			6.52 years
Weighted Average Discount Rate		6.87	%		6.56	%

The following are future minimum lease payments under non-cancellable operating leases for the years ending December 31 (in thousands) below:

	Operating Leases
2025 (excluding the six months ended June 30, 2025)	$	3,675
2026		7,182
2027		6,634
2028		6,206
2029		5,118
Thereafter		14,955
Total future minimum lease payments		43,770
Less: imputed interest		9,737
Total lease liabilities		34,033
Less: current portion		5,319
Long-term lease liabilities	$	28,714