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 Supplemental Balance Sheet Information Related to Leases Supplemental balance sheet information related to leases is summarized as follows:

 

Operating leases

 

Balance Sheet Location

 

December 31, 2024

 

 

December 31, 2023

 

ROU assets, net (1)

 

 Right-of-use assets

 

$

24,036

 

 

$

73,501

 

Lease liabilities, short-term

 

Other current liabilities

 

$

5,276

 

 

$

9,429

 

Lease liabilities, long-term

 

 Lease liability

 

$

23,858

 

 

$

71,975

 

 

 

(1)
As of December 31, 2024, includes impact of impairment charges of $7,012 related to the restructuring plan. See Note 19 for additional information.
Summary of Components of Lease Expense

The following tables present the components of lease expense:

 

 

 

Years ended December 31,

 

 

 

2024

 

 

2023

 

Operating lease costs

 

$

10,905

 

 

$

21,260

 

Variable lease costs

 

 

882

 

 

 

1,699

 

Total

 

$

11,787

 

 

$

22,959

 

 

 

 

Year ended December 31, 2022

 

 

 

Related-party lease

 

 

Third-party leases

 

 

Total

 

Operating lease costs

 

$

239

 

 

$

5,063

 

 

$

5,302

 

Variable lease costs

 

 

—

 

 

 

856

 

 

 

856

 

Short-term lease costs

 

 

—

 

 

 

108

 

 

 

108

 

Total

 

$

239

 

 

$

6,027

 

 

$

6,266

 
Schedule of Supplemental Cash Flow Information Related to Operating Leases

The following table presents the supplemental cash flow information related to operating leases:

 

 

 

Years ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Cash paid for amounts included in the measurement of operating lease liabilities

 

$

6,454

 

 

$

14,641

 

 

$

5,078

 

Lease liabilities arising from new ROU assets

 

$

116

 

 

$

70,455

 

 

$

23,593

 
Schedule of Other Information Related to Leases

The following table presents other information related to leases:

 

 

 

Years ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 Weighted average remaining lease term (years)

 

 

4.7

 

 

 

6.7

 

 

 

7.4

 

 Weighted average discount rate

 

 

8.8

%

 

 

8.5

%

 

 

9.0

%

 
Schedule of Future Minimum Lease Payments

Maturities of lease liabilities as of December 31, 2024 are summarized as follows:

 

 

 

Amount

 

 

2025

 

$

8,021

 

 

2026

 

 

7,555

 

 

2027

 

 

6,932

 

 

2028

 

 

4,593

 

 

2029

 

 

3,841

 

 

Thereafter

 

 

6,460

 

 

Total future lease payments

 

 

37,402

 

 

Less: imputed interest

 

 

8,268

 

 

Total

 

$

29,134