Leases |
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Leases |
Note 14. Leases Rent expense under the Company’s operating lease agreements was $1.7 million and $2.0 million for the three months ended June 30, 2024 and 2023. Rent expense under the Company’s operating lease agreements was $3.4 million and $4.1 million for the six months ended June 30, 2024 and 2023. There were not any financing, variable, or short term leases during the six months ended June 30, 2024 and 2023. The Company exited certain leased facilities during fiscal year 2023 and is in the process of seeking subleases for those properties. Future minimum lease payments under these agreements were as follows as of June 30, 2024:
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