v3.26.1
Right-of-Use Assets and Lease Liabilities
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Right-of-Use Assets and Lease Liabilities Right-of-Use Assets and Lease Liabilities
The Company’s operating leases primarily relate to office space. The Company’s related ROU assets and lease liabilities are comprised of the following as of each period end:
As of December 31,
(Amounts in thousands)20252024
Operating leases:
ROU assets$4,208 $4,750 
Lease liability, current945 892 
Lease liability, non-current4,181 4,848 
Other information related to leases is presented below:
Years Ended December 31,
(Amounts in thousands)20252024
Other information:
Operating lease cost$1,235 $1,606 
Variable lease cost757 679 
Sublease income161 525 
Operating cash outflows from operating ROU assets1,992 2,285 
.
As of December 31,
20252024
Weighted-average remaining lease term – operating leases (in months)51.261.5
Weighted-average discount rate – operating leases7.2 %7.2 %
As of December 31, 2025, the annual minimum lease payments of the Company’s operating lease liabilities were as follows:
As of December 31,
(Amounts in thousands)2025
2026$1,205 
20271,257 
20281,396 
20291,195 
2030593 
Total future minimum lease payments, undiscounted5,646 
  Less: Imputed interest(520)
Present value of future minimum lease payments$5,126 
Right-of-Use Assets and Lease Liabilities Right-of-Use Assets and Lease Liabilities
The Company’s operating leases primarily relate to office space. The Company’s related ROU assets and lease liabilities are comprised of the following as of each period end:
As of December 31,
(Amounts in thousands)20252024
Operating leases:
ROU assets$4,208 $4,750 
Lease liability, current945 892 
Lease liability, non-current4,181 4,848 
Other information related to leases is presented below:
Years Ended December 31,
(Amounts in thousands)20252024
Other information:
Operating lease cost$1,235 $1,606 
Variable lease cost757 679 
Sublease income161 525 
Operating cash outflows from operating ROU assets1,992 2,285 
.
As of December 31,
20252024
Weighted-average remaining lease term – operating leases (in months)51.261.5
Weighted-average discount rate – operating leases7.2 %7.2 %
As of December 31, 2025, the annual minimum lease payments of the Company’s operating lease liabilities were as follows:
As of December 31,
(Amounts in thousands)2025
2026$1,205 
20271,257 
20281,396 
20291,195 
2030593 
Total future minimum lease payments, undiscounted5,646 
  Less: Imputed interest(520)
Present value of future minimum lease payments$5,126