Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.1
Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Summary of Maturities of Lease Liabilities for Operating Leases

Maturities of lease liabilities for operating leases as of March 31, 2025, were as follows:

 

 

 

 

Operating Leases

2026

 

 

 

$

6,769

2027

 

 

 

 

6,588

2028

 

 

 

 

6,370

2029

 

 

 

 

6,392

2030

 

 

 

 

6,037

Thereafter

 

 

 

 

33,230

Total lease payments

 

 

 

$

65,386

Less: interest expense

 

 

 

 

(36,167)

Present value of lease liabilities

 

 

 

$

29,219

Weighted-average remaining lease term (years)

 

 

 

 

9.4

Weighted-average discount rate

 

 

 

 

19%

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:

 

 

 

 

 

 

 

 

Balance Sheet Information

 

Classification

 

March 31, 2025

 

December 31, 2024

Operating lease right-of-use assets, net

 

Operating leases

 

$

25,009

 

$

24,012

Lease liabilities

 

 

 

 

 

 

 

 

Current portion of operating lease liabilities

 

Operating leases

 

$

6,769

 

$

6,534

Long-term portion of operating lease liabilities

 

Operating leases

 

 

22,450

 

 

21,599

Total

 

 

 

$

29,219

 

$

28,133