XML 61 R31.htm IDEA: XBRL DOCUMENT v3.25.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Costs and Cash Paid

The following table summarizes the lease costs and cash paid for the Company’s leases (in thousands):

 

December 31,

 

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

Cash paid for operating lease liabilities

$

3,794

 

 

$

2,469

 

 

$

700

 

Operating lease costs

 

3,993

 

 

 

4,099

 

 

 

711

 

Short-term lease costs

 

—

 

 

 

—

 

 

 

2,921

 

Variable lease costs

 

995

 

 

 

1,326

 

 

 

357

 

Schedule of Supplemental Balance Sheet Information Related To Operating Leases

Supplemental balance sheet information related to operating leases is as follows:

 

 

December 31,

 

 

2024

 

 

2023

 

 

2022

 

Weighted average remaining lease term

 

6.0

 

 

 

5.6

 

 

 

3.3

 

Weighted average discount rate

 

11.4

%

 

 

10.9

%

 

 

5.4

%

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of December 31, 2024 were as follows (in thousands):

 

 

 

Operating Lease

 

Year Ending December 31,

 

Commitments

 

2025

 

 

2,903

 

2026

 

 

1,526

 

2027

 

 

1,443

 

2028

 

 

1,474

 

2029

 

 

1,518

 

Thereafter

 

 

3,308

 

Total undiscounted lease payments

 

 

12,172

 

Less: Present value adjustments

 

 

(3,401

)

Total operating lease liabilities

 

$

8,771

 

Operating lease liabilities, current

 

 

2,079

 

Operating lease liabilities, non-current

 

 

6,692

 

Total operating lease liabilities

 

$

8,771