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Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Lease, Cost
Lease expense is included in office and technology expenses in the unaudited Consolidated Statements of Operations. Information regarding the Company’s leases is as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2025202420252024
Operating leases$491 $707 $1,158 $1,365 
Finance leases:
Amortization of lease assets145 61 207 132 
Lease expense$636 $768 $1,365 $1,497 
Sub-lease income(22)(68)(65)(120)
Lease cost$614 $700 $1,300 $1,377 
Lessee, Lease Liability, Current and Non-current
Components of the lease liability presented on the unaudited Consolidated Balance Sheets are as follows:
(in thousands)As of
June 30, 2025		As of
December 31, 2024
Current:
Operating lease liabilities$846 $2,026 
Finance lease liabilities82 226 
Non-current:
Operating lease liabilities6,773 3,728 
Finance lease liabilities309 376 
Total lease liabilities$8,010 $6,356 
Lessee, Lease Liability, Maturity
The future minimum lease payments for leases that have initial or remaining noncancelable lease terms in excess of one year as of June 30, 2025, are summarized as follows:
Year Ended (in thousands)Operating
Leases		Finance
Leases		Total
2025$978 $90 $1,068 
20261,607 159 1,766 
20271,280 111 1,391 
2028964 55 1,019 
2029947 — 947 
Thereafter2,920 — 2,920 
Total undiscounted payments$8,696 $415 $9,111 
Less: present value adjustment(1,077)(24)(1,101)
Lease liabilities$7,619 $391 $8,010 
Lease Other Information
Supplemental lease information is as follows:
As of
June 30, 2025		As of
December 31, 2024
Weighted average remaining lease term (years)
Operating leases6.333.88
Finance leases2.592.84
Weighted average discount rate
Operating leases4.1 %4.0 %
Finance leases4.6 %4.4 %