Note 12. Leases The Company has operating and finance leases for corporate offices and certain equipment. These leases have remaining lease terms of less than one year to approximately thirteen years, some of which include options to extend the leases for multiple renewal periods of two to ten years each. Under the terms of the facilities leases, the Company is required to pay its proportionate share of property taxes, insurance and normal maintenance costs. The components of lease cost were as follows (in thousands): | | | | | | | | | | Three Months Ended | | | | March 31, | | | | 2026 | | 2025 | | Operating lease cost | | $ | 1,999 | | $ | 2,029 | | Finance lease cost: | | | | | | | | Amortization of right-of-use assets | | | 108 | | | 84 | | Interest on finance lease liabilities | | | 22 | | | 22 | | | | | 130 | | | 106 | | Total lease cost | | $ | 2,129 | | $ | 2,135 | |
Other information related to leases was as follows (in thousands): | | | | | | | | Supplemental Cash Flows Information | | Three Months Ended March 31, | | | | 2026 | | 2025 | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | Operating cash flows from operating leases | | $ | 1,974 | | $ | 1,398 | | Operating cash flows from finance leases | | $ | 129 | | $ | 101 | | Financing cash flows from finance leases | | $ | 98 | | $ | 91 | | | | | | | | | | Right-of-use assets obtained in exchange for lease liabilities: | | | | | | | | Operating leases | | $ | 947 | | $ | 356 | | Finance leases | | $ | 63 | | $ | 39 | |
| | | | | | | | | March 31, | | December 31, | | | | | 2026 | | 2025 | | | Weighted-Average Remaining Lease Term | | | | | | | Operating leases | | 9.1 | years | 9.0 | years | | Finance leases | | 2.9 | years | 3.1 | years | | | | | | | | | Weighted-Average Discount Rate | | | | | | | Operating leases | | 7.1 | % | 7.1 | % | | Finance leases | | 8.4 | % | 8.4 | % | |
Future minimum lease payments under non-cancellable leases that have commenced as of March 31, 2026 were as follows (in thousands): | | | | | | | | | Operating | | Finance | Years Ending December 31 | | Leases | | Leases | 2026 (excluding the three months ended March 31, 2026) | | $ | 4,934 | | $ | 371 | 2027 | | | 6,639 | | | 426 | 2028 | | | 6,068 | | | 293 | 2029 | | | 5,405 | | | 102 | 2030 | | | 5,625 | | | 21 | Thereafter | | | 30,830 | | | 3 | Total future minimum lease payments | | | 59,501 | | | 1,216 | Less: imputed interest | | | (16,687) | | | (117) | Total | | $ | 42,814 | | $ | 1,099 |
| | | | | | | | | Operating | | Finance | Reported as of March 31, 2026 | | Leases | | Leases | Current lease liabilities | | $ | 3,641 | | $ | 419 | Noncurrent lease liabilities | | | 39,173 | | | 680 | Total | | $ | 42,814 | | $ | 1,099 |
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