Leases (Tables)

6 Months Ended

Jun. 30, 2025

Leases [Abstract]

Schedule of Lease Expense and Other Information

Lease expense and other information for the periods presented consisted of the following (in thousands, except terms and rates):

	Three Months Ended June 30,					Six Months Ended June 30,
	2025			2024		2025		2024
Lease expense
Finance lease expense:
Amortization of right-of-use assets	$	1,848		$	1,730	$	3,636	$	3,550
Interest on lease liabilities	364			330		710		648
Operating lease expense	1,386			1,423		2,771		2,845
Short-term lease expense	12			11		22		20
Variable lease expense	140			70		228		117
Total lease expense	$	3,750		$	3,564	$	7,367	$	7,180
Supplemental cash flow information
Finance leases:
Operating cash outflow from finance leases	$	364		$	330	$	710	$	648
Financing cash outflow from finance leases	$	1,814		$	1,755	$	3,587	$	3,542
Finance lease liabilities arising from obtaining finance lease right-of-use assets	$	2,165		$	1,705	$	4,342	$	3,576
Operating leases:
Operating cash outflow from operating leases	$	1,428		$	1,430	$	2,845	$	2,861
Operating lease liabilities arising from obtaining operating lease right-of-use assets	$	—		$	—	$	—	$	149
Other information as of June 30, 2025
Finance leases:
Weighted-average remaining lease term (years)	1.9
Weighted-average discount rate	11.0		%
Operating leases:
Weighted-average remaining lease term (years)	7.6
Weighted-average discount rate	3.9		%

Schedule of Operating Lease Liability Maturity

Future maturities of remaining lease payments included in the measurement of operating lease liabilities as of June 30, 2025 are as follows (in thousands):

Years ending December 31,
2025	$	2,856
2026	5,843
2027	5,989
2028	6,139
2029	6,292
Thereafter	20,403
Total	47,522
Less: imputed interest	(6,482)
Present value of operating lease obligations	$	41,040

Schedule of Operating Lease, Lease Income

The Company reported revenues associated with these leases for the periods presented as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Phone hardware revenue	$	1,632	$	1,130	$	3,138	$	2,251
Sublease revenue	219		219		439		439
Total	$	1,851	$	1,349	$	3,577	$	2,690

Schedule of Finance Lease Liability Maturity

Future minimum lease payments for the Company’s finance leases as of June 30, 2025 were as follows (in thousands):

Years ending December 31,
2025	$	4,429
2026	6,247
2027	3,758
2028	963
Thereafter	—
Total	15,397
Less: amounts representing interest	(1,665)
Present value of finance lease obligations	$	13,732