v3.26.1
Leases
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company leases office space under non-cancellable operating leases for its corporate headquarters in Plano, Texas.

On February 24, 2026, the Company entered into an agreement for an office lease in India that became effective on March 9, 2026, with a lease term of five years. The Company recognized a lease liability and ROU asset of $4.8 million for the India lease, included in the Condensed Consolidated Balance Sheets.

Operating lease expense consisted of:
Three months ended March 31,
(in thousands)
20262025
Operating lease expense
$772 $672 
Short-term lease expense and other (1)
306 175 
Total lease expense$1,078 $847 
(1) Other lease expense includes variable lease expense.
Supplemental Cash Flow Information
Three months ended March 31,
Cash flow information (in thousands)
20262025
Cash paid for operating lease liabilities
$731 $672 
Right-of-use assets obtained in exchange for operating lease obligations(1)
$4,797 $— 
(1) For the three months ended March 31, 2026, right-of-use assets obtained in exchange for operating lease obligations is related to the commencement of the Company’s lease agreement in India.

The future maturities of operating lease liabilities are as follows:

(in thousands)March 31, 2026
2026 (nine months remaining)$2,899 
20273,738 
20283,945 
20294,307 
20304,458 
Thereafter9,017 
Total minimum lease payments28,364 
Less: present value discount(6,859)
Total lease liability balance$21,505