LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of leases


			December 31,
	Balance Sheet Accounts		2025			2024
Assets:
Operating lease assets	Operating lease assets		$	19,778		$	15,454
Finance lease assets	Property and equipment, net			2,751			—
Total lease assets			$	22,529		$	15,454

Liabilities:
Current:
Operating lease liabilities	Accrued liabilities		$	5,543		$	4,824
Finance lease liabilities	Accrued liabilities			277			—
Long-term:
Operating lease liabilities	Long-term operating lease liabilities			15,039			10,733
Finance lease liabilities	Other liabilities			2,490			—
Total lease liabilities			$	23,349		$	15,557


		Year Ended December 31,
		2025			2024			2023
Finance lease cost:
Amortization of right-of-use assets		$	169		$	—		$	—
Interest on lease liabilities			112			—			—
Fixed operating lease costs⁽¹⁾			6,603			5,445		$	3,981
Variable operating lease costs			1,953			1,334			1,441
Total lease cost		$	8,837		$	6,779		$	5,422

(1) Includes short-term leases, which are immaterial.


		December 31,
		2025			2024
Weighted average remaining lease term (years):
Operating leases			5.9			3.1
Finance leases			27.2			—

Weighted average discount rate:
Operating leases			3.72%			3.14%
Finance leases			5.34%			—

Summary of future minimum lease payments required under operating leases


		Finance Leases			Operating Leases
2026		$	450		$	6,406
2027			396			5,038
2028			396			3,859
2029			367			2,783
2030			386			1,352
Thereafter			3,985			4,557
Total future lease payments			5,980			23,995
Less: Amount representing interest			(3,213)			(3,413)
Present value of lease liabilities		$	2,767		$	20,582

Schedule of supplemental cash flow information related to leases


		Year Ended December 31,
		2025			2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows - operating leases		$	6,845		$	5,266
Financing cash flows - finance leases		$	272		$	—

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases		$	11,371		$	10,044
Finance leases		$	2,873		$	—