Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.1
Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Expense

The following table provides the required information regarding the Company’s leases for which the Company is the lessee:

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Assets

 

 

 

 

 

 

ROU assets

 

$

10,903

 

 

$

11,074

 

Liabilities

 

 

 

 

 

 

Current

 

$

3,844

 

 

$

3,260

 

Non-current

 

 

9,055

 

 

 

9,598

 

   Total lease liabilities

 

$

12,899

 

 

$

12,858

 

Weighted-average remaining lease term (years)

 

 

4.7

 

 

 

4.8

 

Weighted-average discount rate

 

 

9

%

 

 

9

%

Schedule of Maturity of Operating Leases

As of March 31, 2025, the maturity of operating lease liabilities are as follows:

Fiscal year ending December 31,

 

 

 

Remainder of 2025

 

$

3,659

 

2026

 

 

3,782

 

2027

 

 

2,583

 

2028

 

 

1,873

 

2029

 

 

1,595

 

Thereafter

 

 

1,993

 

Total lease payments

 

 

15,485

 

Less: Interest on lease payments

 

 

(2,586

)

Present value of lease liabilities

 

$

12,899