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Leases
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company leases office spaces under non-cancellable operating leases for its corporate headquarters in Austin, Texas and its office space in New York, New York. The Company also leases furniture under a non-cancellable finance lease. Pursuant to the corporate headquarters lease in Austin, the initial term expires on July 31, 2028, and pursuant to the lease in New York, the term expires on November 30, 2024. For each lease, the Company recognizes a right-of-use-asset and lease liability. The asset and liability are then amortized as payments are made.
Future minimum payments required under operating and financing leases, by year and in aggregate, that have initial or remaining non-cancellable lease terms in excess of one year, are as follows (in thousands):
As of
June 30, 2024
Operating
Leases
Finance
Leases
Remainder of 2024
$1,224 $24 
2025
2,098 47 
20262,162 47 
20272,229 47 
20281,333 28 
Thereafter— — 
Total lease payments$9,046 $193 
As of June 30, 2024, the Company had no additional operating or finance leases with future commencement dates.
Leases Leases
The Company leases office spaces under non-cancellable operating leases for its corporate headquarters in Austin, Texas and its office space in New York, New York. The Company also leases furniture under a non-cancellable finance lease. Pursuant to the corporate headquarters lease in Austin, the initial term expires on July 31, 2028, and pursuant to the lease in New York, the term expires on November 30, 2024. For each lease, the Company recognizes a right-of-use-asset and lease liability. The asset and liability are then amortized as payments are made.
Future minimum payments required under operating and financing leases, by year and in aggregate, that have initial or remaining non-cancellable lease terms in excess of one year, are as follows (in thousands):
As of
June 30, 2024
Operating
Leases
Finance
Leases
Remainder of 2024
$1,224 $24 
2025
2,098 47 
20262,162 47 
20272,229 47 
20281,333 28 
Thereafter— — 
Total lease payments$9,046 $193 
As of June 30, 2024, the Company had no additional operating or finance leases with future commencement dates.