Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

Maturity of Future Payments Of Operating Lease Liabilities

As of December 31, 2024, future payments of operating lease liabilities are as follows (in thousands):

	As of December 31, 2024
2025	$	10,089
2026		12,958
2027		13,329
2028		13,712
2029 and thereafter		43,994
Total future payments of operating lease liabilities		94,082
Less: imputed interest		(28,773	)
Present value of operating lease liabilities	$	65,309

Summary Of presentation of operating lease In consolidated balance sheet

The following table summarizes the presentation in the Company's consolidated balance sheets of its operating leases (in thousands):

	As of December 31,
	2024		2023
Assets:
Operating lease assets	$	64,357	$	63,492
Liabilities:
Operating lease liabilities, current		4,570		3,246
Operating lease liabilities, net of current portion		60,739		59,140
Total operating lease liabilities	$	65,309	$	62,386

Lease cost in the Company's consolidated statement of operations

The following table summarizes the effect of lease costs in the Company's consolidated statement of operations (in thousands):

	Years Ended December 31,
	2024		2023
Operating lease costs	$	11,564	$	10,626
Short-term lease costs		-		44
Variable lease costs		3,408		5,120
Total lease costs	$	14,972	$	15,790