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

The cost components of the operating leases were as follows for the years ended December 31, 2024, 2023 and 2022:

 

 

 

Year Ended December 31,

 

 

 

2024

 

2023

 

2022

 

Lease cost

 

 

 

 

 

 

 

Operating lease expense

 

$

1,646

 

$

1,645

 

$

1,126

 

Variable lease expense(1)

 

 

826

 

 

787

 

 

774

 

Lease term and discount rate

 

 

 

 

 

 

 

Weighted average remaining lease term (years)

 

 

6.4

 

 

7.3

 

 

8.1

 

Weighted average discount rate

 

 

3.8

%

 

3.9

%

 

4.0

%
(1)
Variable lease costs are payments that vary because of changes in facts or circumstances and include common area maintenance and property taxes related to the premises. Variable lease costs are excluded from the calculation of minimum lease payments.
Future Minimum Lease Payments Future minimum lease payments as of December 31, 2024 were as follows:

 

Year ending December 31:

 

 

 

2025

 

$

1,690

 

2026

 

 

1,755

 

2027

 

 

1,739

 

2028

 

 

1,037

 

2029

 

 

1,085

 

2030 and thereafter

 

 

2,861

 

Total future minimum lease payments

 

$

10,167

 

Less: imputed interest

 

 

(1,152

)

Present value of lease liabilities

 

$

9,015