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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Components of Lease Expense

The following table presents the components of lease expense in our consolidated statements of operations for the periods presented (in thousands):

 

 

Year Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

Operating lease costs(1)

 

 

 

 

 

 

 

 

Single lease costs

$

3,394

 

 

$

3,486

 

 

$

4,299

 

Variable lease costs

 

1,367

 

 

 

1,280

 

 

 

2,159

 

Sublease income(2)

 

 

 

 

(165

)

 

 

(1,976

)

Total operating lease costs

$

4,761

 

 

$

4,601

 

 

$

4,482

 

(1) Includes short-term lease costs, which are immaterial.

 

(2) Sublease income is related to unused office space that we sublet as part of the fiscal 2018 restructuring where we continue to have the primary obligations.

 

Supplemental Cash Flow Information Related to Operating Leases

The following table presents supplemental cash flow information related to operating leases for the periods presented (in thousands):

 

Year Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

Operating cash flows used

$

4,060

 

 

$

4,233

 

 

$

5,097

 

Lease liabilities arising from remeasurement of right-of-use assets

 

 

 

 

 

 

 

 

Operating leases

$

 

 

$

159

 

 

$

 

Lease liabilities arising from obtaining ROU assets

 

 

 

 

 

 

 

 

Operating leases

$

 

 

$

1,690

 

 

$

2,237

 

 

Schedule of Weighted-Average Remaining Lease Terms and Weighted-Average Discount Rate Related to Operating Leases

The following table presents weighted-average remaining lease term and weighted-average discount rate related to operating leases as of:

 

2024

 

 

2023

 

Weighted-average remaining lease term (years)

 

2.8

 

 

 

3.7

 

Weighted-average discount rate

 

6.9

%

 

 

6.9

%

Schedule of Future Lease Payments under Operating Leases

The following table presents future lease payments under operating leases as of December 31, 2024 (in thousands):

 

 

Operating Leases

 

 

 

Lease Payments

 

2025

 

$

4,101

 

2026

 

 

4,190

 

2027

 

 

766

 

2028

 

 

642

 

2029

 

 

549

 

Thereafter

 

 

 

Total lease payments

 

$

10,248

 

Less: Imputed interest

 

 

(940

)

Present value of lease liabilities

 

 

9,308

 

Less: Current portion of lease liabilities

 

 

3,589

 

Lease liabilities, net of current portion

 

$

5,719