v3.26.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Right-Of-Use Assets and Lease Liabilities
Right of Use (“ROU”) assets (included in other noncurrent assets on the Company’s consolidated balance sheet) and lease liabilities (included in Other current liabilities and Other noncurrent liabilities on the Company’s consolidated balance sheet) follow:
December 31, 2025December 31, 2024
(In thousands)
ROU assets
Operating
$5,068 $8,513 
Finance
3,514 3,861 
$8,582 $12,374 
Lease liabilities, current
Operating
$1,534 $5,801 
Finance
1,412 1,382 
$2,946 $7,183 
Lease liabilities, noncurrent
Operating
$3,590 $3,390 
Finance
1,414 1,560 
$5,004 $4,950 
Schedule of Lease Cost and Other Information
Lease cost and other information follow:
Year ended December 31,
202520242023
(In thousands)
Lease cost
Finance lease cost:
Amortization of ROU assets (included in depreciation and amortization)
$1,459 $1,186 $686 
Interest on lease liabilities (included in interest expense)
159 156 62 
Operating lease cost (included in general and administrative expense)643 916 1,999 
$2,261 $2,258 $2,747 
Year ended December 31,
202520242023
(In thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflows from operating leases
$6,607$3,328$3,975
Operating cash outflows from finance leases
15915662
Financing cash outflows from finance leases
1,4121,148610
ROU assets obtained in exchange for new operating lease liabilities
2,3633,8823,516
ROU assets obtained in exchange for new finance lease liabilities
2,3031,7811,238
Weighted-average remaining lease term (years) - operating leases7.32.23.6
Weighted-average remaining lease term (years) - finance leases2.22.32.5
Weighted-average discount rate - operating leases6%7%6%
Weighted-average discount rate - finance leases7%6%5%
The Company recognizes total lease expense incurred or allocated to us in general and administrative expenses. Lease expense related to operating leases, including lease expense incurred on the Company’s behalf and allocated to us, was as follows:
Year ended December 31,
202520242023
(In thousands)
Lease expense$18,469 $6,179 $5,898 
Schedule of Future Minimum Lease Payments Due and Future Minimum Rentals to be Received Under Noncancelable Leases and Subleases
Future minimum lease payments due under noncancelable leases as of December 31, 2025, were as follows:
December 31, 2025
(In thousands)
OperatingFinance
2026$2,000 $1,398 
20271,881 973 
2028389 427 
2029443 34 
2030208 — 
Thereafter1,742 — 
Total future minimum lease payments
$6,663 $2,832