Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Schedule of Lease Cost

The Company recognized the following lease costs in the accompanying condensed consolidated statement of income:

	Three Months Ended March 31,
	2025		2024
	(in thousands)
Operating lease expense	$	3,046	$	1,820
Short-term lease expense	648		9
Variable lease expense	316		373
Total lease expense	$	4,010	$	2,202

Schedule of Supplemental Information Related to Operating Leases

The following table presents supplemental information related to operating leases:

	March 31, 2025		December 31, 2024
Weighted average remaining lease term	4.15 years		4.33 years
Weighted average discount rate	6.9	%	7.0	%

	Three Months Ended March 31,
	2025		2024
	(in thousands)
Right-of-use assets obtained in exchange for operating lease liabilities	$	10,457	$	2,079
Cash paid for amounts included in measurement of lease obligations:
Operating cash flows from operating leases	$	3,145	$	1,829

Schedule of Future Lease Payments Under Operating Leases

As of March 31, 2025, future lease payments under operating leases were as follows:

	(in thousands)
2025 (remainder)	$	10,531
2026	14,885
2027	13,961
2028	12,915
2029	7,567
Thereafter	769
Total lease payments	60,628
Less: imputed interest	(8,097)
Total lease liability balance	$	52,531