v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Operating Right-of Use Assets and Related Lease Liabilities
Year ended December 31,
(US$ thousands)
2025
2024
Operating lease costs
$
34,982
$
28,619
Cash paid for operating lease liabilities
24,761
21,050
Finance lease costs:
Depreciation of property,
plant and equipment
2,634
73
Interest expense on finance lease liabilities
1,755
2
Total
finance lease costs
$
4,389
$
75
Schedule of Supplemental Balance Sheet Information Related to Leases
December 31,
(US$ thousands)
2025
2024
Assets:
Operating leases
Right of use asset – operating leases, net
$
86,481
$
90,143
Finance leases
Property, plant and
equipment
36,133
Accumulated depreciation
(2,721)
Property, plant and
equipment, net
33,412
Liabilities:
Current operating lease obligations
26,348
19,502
Non-current operating lease obligations
66,493
74,241
Total
operating lease liabilities
92,841
93,743
Current finance lease obligations
7,952
Non-current finance lease obligations
17,373
Total
finance lease liabilities
25,325
Current lease obligations
34,300
19,502
Non-current lease obligations
83,866
74,241
Total
lease obligations
$
118,166
$
93,743
Schedule of Weighted Average Calculations for Remaining Term and Discount Rates
December 31,
2025
2024
Weighted Average Remaining
Lease Term (Years)
Finance leases
3.2
-
Operating leases
3.3
4.3
Weighted Average Discount
Rate
Finance leases
10.8%
-
Operating leases
9.5%
9.3%
Schedule of Maturities of Operating and Finance Lease Liabilities
(US$ thousands)
Operating
Lease
Finance
Lease
Total
Year ending
December 31,
2026
$
33,599
$
10,294
$
43,893
2027
32,204
8,954
41,158
2028
28,756
8,328
37,084
2029
13,162
3,399
16,561
Total
lease payments
107,721
30,975
138,696
Less imputed interest
(14,880)
(5,650)
(20,530)
Total
lease liability
$
92,841
$
25,325
$
118,166