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LEASES
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
LEASES LEASES
The Company leases certain facilities under non-cancelable operating leases that expire at various dates through 2030. Some leases include renewal options, which would permit extensions of the expiration dates at rates approximating fair market rental values. The Company also enters into certain finance leases for computer equipment. The finance leases are collateralized by the financed assets.
Aggregate non-cancelable future minimum lease payments under operating and finance leases were as follows as of December 31, 2024 (in thousands):
Operating
Lease 		Finance
Lease
Year Ending December 31:
2025$2,152 $56 
2026996 18 
2027483 — 
2028444 — 
2029444 — 
Thereafter 302 — 
Total 4,821 74 
Less: imputed interest (520)(7)
Present value of lease liabilities 4,301 67 
Less: current portion (1,898)(49)
Lease liabilities, net of current portion $2,403 $18 
The components of lease cost were as follows during the years ended December 31, 2024, 2023 and 2022 (in thousands):
Year Ended December 31,
202420232022
Operating lease cost $2,628 $3,177 $3,423 
Short-term lease cost $972 $1,298 $466 
Finance lease cost:
Amortization of finance leased assets $134 $161 $995 
Interest on lease liabilities $11 $23 $79 
The table below presents additional information related to our leases as of December 31, 2024:
Operating
Lease 		Finance
Lease
Weighted average remaining lease term (years) 3.601.22
Weighted average discount rate 8.41 %12.74 %
The Company’s rent expense totaled approximately $4.5 million, $5.3 million and $3.9 million during the years ended December 31, 2024, 2023 and 2022, respectively.
LEASES LEASES
The Company leases certain facilities under non-cancelable operating leases that expire at various dates through 2030. Some leases include renewal options, which would permit extensions of the expiration dates at rates approximating fair market rental values. The Company also enters into certain finance leases for computer equipment. The finance leases are collateralized by the financed assets.
Aggregate non-cancelable future minimum lease payments under operating and finance leases were as follows as of December 31, 2024 (in thousands):
Operating
Lease 		Finance
Lease
Year Ending December 31:
2025$2,152 $56 
2026996 18 
2027483 — 
2028444 — 
2029444 — 
Thereafter 302 — 
Total 4,821 74 
Less: imputed interest (520)(7)
Present value of lease liabilities 4,301 67 
Less: current portion (1,898)(49)
Lease liabilities, net of current portion $2,403 $18 
The components of lease cost were as follows during the years ended December 31, 2024, 2023 and 2022 (in thousands):
Year Ended December 31,
202420232022
Operating lease cost $2,628 $3,177 $3,423 
Short-term lease cost $972 $1,298 $466 
Finance lease cost:
Amortization of finance leased assets $134 $161 $995 
Interest on lease liabilities $11 $23 $79 
The table below presents additional information related to our leases as of December 31, 2024:
Operating
Lease 		Finance
Lease
Weighted average remaining lease term (years) 3.601.22
Weighted average discount rate 8.41 %12.74 %
The Company’s rent expense totaled approximately $4.5 million, $5.3 million and $3.9 million during the years ended December 31, 2024, 2023 and 2022, respectively.