Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.25.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost
Our operating lease cost was as follows for the years ended December 31, (in thousands):
2024 2023 2022
Operating lease cost (a)
$ 9,327  $ 6,480  $ 2,714 
(a) Excludes short-term lease expense, which is not material.
Schedule of Future Minimum Annual Non-cancelable Commitments - Leases
The table below summarizes future minimum lease payments under operating leases, recorded on the balance sheet, as of December 31, 2024 (in thousands):
Year ending December 31,
2025 $ 10,178 
2026 9,807 
2027 9,620 
2028 8,713 
2029 7,558 
Thereafter 27,520 
Minimum lease payments 73,396 
Less: imputed interest (18,363)
Present value of minimum lease payments 55,033 
Less: current portion of lease liabilities (a)
(6,889)
Long-term lease liabilities $ 48,144 
(a) The current portion of lease liabilities are presented within accrued expenses and other current liabilities on our consolidated balance sheets. Refer to Note (9) "Accrued Expenses and Other Current Liabilities."
Schedule of Supplemental Lease Information
Other supplemental operating lease information for the year ended December 31, was as follows (in thousands):
2024 2023 2022
Cash paid for amounts included in the measurement of operating lease liabilities $ 9,818  $ 5,045  $ 2,441 
Right-of-use assets obtained in exchange for new operating lease liabilities $ 30,314  $ 11,812  $ 11,876