XML 35 R28.htm IDEA: XBRL DOCUMENT v3.25.3
Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lease, Cost

The components of lease expense and supplemental information were as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Operating lease costs

 

$

959

 

 

$

1,025

 

 

$

2,877

 

 

$

3,101

 

Variable lease costs

 

 

229

 

 

 

298

 

 

 

693

 

 

 

761

 

Short-term lease costs

 

 

26

 

 

 

14

 

 

 

122

 

 

 

26

 

Total lease costs

 

$

1,214

 

 

$

1,337

 

 

$

3,692

 

 

$

3,888

 

 

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

Weighted-average remaining lease term (in years)

 

 

7.0

 

 

 

8.0

 

Weighted-average incremental borrowing rate

 

 

6.2

%

 

 

6.2

%

 

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows (in thousands):

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

2,878

 

 

$

3,029

 

 

 

Schedule of Future Minimum Commitments

As of September 30, 2025, future minimum commitments under the Company’s non-cancelable facility operating leases are as follows (in thousands):

 

Years ending December 31,

 

 

 

2025 (remaining three months)

 

$

968

 

2026

 

 

3,957

 

2027

 

 

4,072

 

2028

 

 

4,191

 

2029

 

 

4,312

 

Thereafter

 

 

12,562

 

Total undiscounted future minimum lease payments

 

 

30,062

 

Present value adjustment for minimum lease commitments

 

 

(5,813

)

Total operating lease liabilities

 

$

24,249