XML 40 R27.htm IDEA: XBRL DOCUMENT v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense during the three and six months ended June 30, 2025 and 2024 are shown in the table below (in thousands):
Three months ended June 30,Six months ended June 30,
2025202420252024
Operating lease expense$1,286 $1,286 $2,571 $2,571 
Variable lease expense689 296 1,475 407 
Short-term lease expense27 23 52 45 
Total lease expense$2,002 $1,605 $4,098 $3,023 
Other information about our operating leases during the six months ended June 30, 2025 and 2024 are shown in the table below (amounts in thousands):
Six months ended June 30,
20252024
Cash paid for amounts included in the measurement of operating lease
   liabilities
$1,707 $560 
Weighted-average remaining lease term13.0 years13.9 years
Weighted-average discount rate 9.5 %9.4 %
Schedule of Future Maturing Operating Lease Payments
Future operating lease payments, net of tenant improvement allowance, as of June 30, 2025 are as follows (in thousands):
Year ending December 31:Amount
Remainder of 2025$1,742 
20262,534 
20275,025 
20285,185 
20295,344 
20305,509 
Thereafter42,931 
Total lease payments, net of tenant improvement allowance68,270 
Less - present value adjustments(30,537)
Total operating lease liabilities$37,733