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

Leases

v3.25.1
Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases
20. Leases
Total Lease Cost
The components of rent expense, which are primarily included in selling, general and administrative expenses in the Company's consolidated statements of operations and comprehensive loss, were as follows:
Years Ended December 31,
2024 2023
(in thousands)
Operating lease expense $ 1,399  $ 1,287 
Variable lease expense 341  245 
Short-term lease expense 138  273 
Total rent expense $ 1,878  $ 1,805 

Supplemental Balance Sheet Information
As of December 31, 2024 and 2023, supplemental operating lease balance sheet information consisted of the following:
December 31, December 31,
2024 2023
(in thousands)
Operating lease right of use assets - net $ 4,029  $ 1,630 
Operating lease liabilities:
Other current liabilities $ 775  $ 621 
Operating lease liabilities 8,048  3,041 
Total operating lease liabilities $ 8,823  $ 3,662 
Other Supplemental Information
Other supplemental operating lease information consisted of the following for the years ended December 31, 2024 and 2023:
Years Ended December 31,
2024 2023
(dollars in thousands)
Operating cash flows for operating leases
 $ 1,102  $ 586 
ROU assets obtained in exchange for new lease liabilities
 $ 5,450  $ 222 
Weighted average remaining lease term (in years) 9.03 8.33
Weighted average discount rate 10.15  % 11.48  %