Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of operating lease

The Company and its subsidiaries lease office space under various operating lease agreements with the following lease expiration dates as summarized below:

Location	Lease expiration dates
New York (headquarters)	November 2025
San Francisco, California	November 2030
Tel Aviv, Israel	July 2026
Amsterdam, Netherlands	February 2027

Schedule of operating lease expense under ASC 842 for leased facilities

Operating lease cost under ASC 842 for leased facilities is presented below ($ in millions):

	December 31,
	2024		2023
Operating lease cost	$	7.9	$	8.1
Short term lease expense	0.1		0.1
Variable lease costs	0.4		0.7
	$	8.4	$	8.9

Supplemental cash flow information related to operating leases is as follows ($ in millions):

	December 31,
	2024		2023
Operating cash outflow from operating leases	$	9.9	$	8.7
Operating cash inflow from operating subleases	$	2.6	$	0.4
RoU assets obtained in exchange for modification of operating lease liabilities	$	4.5	$	—

Schedule of weighted-average remaining lease term and discount rate

Weighted-average remaining lease term and discount rate are as follows:

	December 31,
	2024		2023
Weighted-average remaining lease term (in years)	3.9		4.0
Weighted-average discount rate	6.14	%	6.09	%

Schedule of operating lease maturity

Maturities of operating lease liabilities as of December 31, 2024 is as follows ($ in millions):

2025	$	9.0
2026	5.8
2027	4.2
2028	4.3
2029	3.0
thereafter	0.7
Total undiscounted lease payments	$	27.0
Present value discount	3.2
Lease liabilities	$	23.8