LEASES |
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LEASES | LEASES The Company leases its offices and data center hosting space at various locations under noncancelable operating lease agreements expiring at various dates through 2032. Under the terms of these agreements, the Company also bears the costs for certain insurance, property tax, and maintenance. The terms of certain lease agreements provide for increasing rental payments at fixed intervals. Total operating lease related costs were as follows (in thousands):
The weighted-average remaining term of the Company’s operating leases was 3.9 years and 4.8 years as of December 31, 2024, and 2023, respectively, and the weighted-average discount rate used to measure the present value of the operating lease liabilities was 10.0% as of both December 31, 2024, and 2023. Cash payments made related to operating lease liabilities were $1.2 million and $1.0 million for the years ended December 31, 2024, and 2023, respectively. Maturities of operating lease liabilities as of December 31, 2024, were as follows (in thousands):
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