Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.3
Leases (Tables)
6 Months Ended
Jun. 30, 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:

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Assets

 

 

 

 

 

 

ROU assets

 

$

11,300

 

 

$

11,074

 

Liabilities

 

 

 

 

 

 

Current

 

$

4,313

 

 

$

3,260

 

Non-current

 

 

9,178

 

 

 

9,598

 

   Total lease liabilities

 

$

13,491

 

 

$

12,858

 

Weighted-average remaining lease term (years)

 

 

4.6

 

 

 

4.8

 

Weighted-average discount rate

 

 

9

%

 

 

9

%

Schedule of Maturity of Operating Leases

As of June 30, 2025, the maturity of operating lease liabilities are as follows:

Fiscal year ending December 31,

 

 

 

Remainder of 2025

 

$

3,031

 

2026

 

 

4,165

 

2027

 

 

2,867

 

2028

 

 

2,068

 

2029

 

 

1,793

 

Thereafter

 

 

2,231

 

Total lease payments

 

 

16,155

 

Less: Interest on lease payments

 

 

(2,664

)

Present value of lease liabilities

 

$

13,491