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Leases
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
The Company leases office space in California, Michigan, Malaysia, Japan, Taiwan, the Netherlands, Finland, Ukraine, and India, all under non-cancellable operating leases with various expiration dates through May 2029.
The remaining lease terms vary from a few months to four years. For certain of its leases the Company has options to extend the lease term for periods varying from one to five years. These renewal options are not considered in the remaining lease term unless it is reasonably certain that the Company will exercise such options. The Company also has variable lease payments that are primarily comprised of common area maintenance and utility charges.
The table below presents the operating lease-related assets and liabilities recorded on the condensed consolidated balance sheets as of September 30, 2025 and December 31, 2024:
As of
September 30, 2025December 31, 2024
(in thousands)
Right-of-use assets$4,871 $6,569 
Lease liabilities included in accrued expenses and other current liabilities2,660 2,744 
Lease liabilities included in other non-current liabilities1,775 3,488 
Total operating lease liabilities$4,435 $6,232 
Weighted-average remaining lease term (years)1.82.4
Weighted-average discount rate5.3%5.1%
The table below presents certain information related to the lease costs for operating leases for the three and nine months ended September 30, 2025 and 2024:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
(in thousands)
Operating lease cost$824 $794 $2,451 $2,295 
Short-term lease cost280 236 1,252 650 
Variable lease cost974 582 2,742 1,231 
Total lease cost$2,078 $1,612 $6,445 $4,176 
Cash paid for operating lease liabilities was $0.9 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and $2.6 million and $2.4 million for the nine months ended September 30, 2025 and 2024, respectively.
Operating Lease Cash Flows
The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of September 30, 2025:
(in thousands)
Remainder of 2025$858 
20262,779 
2027725 
2028226 
202984 
Total minimum lease payments4,672 
Less: amount of lease payments representing interest(237)
Present value of future minimum lease payments4,435 
Less: current obligations under leases(2,660)
Long-term lease liabilities$1,775