v3.25.1
Leases (Tables)
12 Months Ended
Dec. 31, 2024
Lessee Disclosure [Abstract]  
Summary of Operating Leases Included in Combined Balance Sheets

The amounts relating to operating leases included in the consolidated balance sheets are as follows:

 

 

 

As of December 31,

 

 

 

 

2024

 

 

 

2023

 

Operating lease right-of-use assets

 

$

15,907

 

 

$

5,173

 

Current operating lease liabilities

 

$

5,186

 

 

$

2,664

 

Non-current operating lease liabilities

 

 

15,107

 

 

 

3,010

 

Total operating lease liabilities

 

$

20,293

 

 

$

5,674

 

Lessee Operating Lease Term and Discount Rate

The weighted average remaining lease term and weighted average discount rate for operating leases are:

 

 

 

As of December 31,

 

 

 

2024

 

 

2023

 

Weighted-average years remaining lease term — operating leases

 

 

2.9

 

 

 

2.6

 

Weighted-average discount rate — operating leases

 

 

6.6

%

 

 

5.6

%

Summary of Remaining Maturities of Lease Liabilities

Remaining maturities of lease liabilities as of December 31, 2024 are as follows:

 

 

 

 

 

Minimum Lease

 

Years Ended December 31,

 

Payments

 

2025

 

$

6,582

 

2026

 

 

5,666

 

2027

 

 

4,514

 

2028

 

 

3,706

 

2029

 

 

3,333

 

Thereafter

 

 

-

 

Total future minimum lease payments

 

23,801

 

Less imputed interest

 

 

3,508

 

Total operating lease liabilities

 

$

20,293