We have operating leases primarily for office space. The leases have remaining lease terms of one to six years, some of which include options to extend the lease for up to an additional six years. Our leases do not contain any residual value guarantee.

The following table presents various components of the lease costs (in thousands):


Operating Leases	Three Months Ended March 31,
	2026		2025
Operating lease cost	$	3,756	$	3,108
Short-term lease cost	356		130
Variable lease cost	958		1,303
Total lease cost	$	5,070	$	4,541

The weighted-average remaining term of our operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:


Lease Term and Discount Rate	March 31, 2026		March 31, 2025
Weighted-average remaining lease term (in years)	3.7		4.2
Weighted-average discount rate	8.3	%	9.0	%

The following table presents supplemental information arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of the operating lease liabilities, and as such, are excluded from the amounts below (in thousands):


	Three Months Ended March 31,
Supplemental Cash Flow Information:	2026		2025
Cash payments included in the measurement of operating lease liabilities, net of tenant allowance receipts	$	3,297	$	1,037

As of March 31, 2026, maturities of the operating lease liabilities are as follows (in thousands):


	Operating Leases
Remainder of 2026	$	8,574
2027	13,110
2028	11,809
2029	5,966
2030	3,504
Thereafter	2,513
Total lease payments	45,476
Less: imputed interest	(6,681)
Present value of operating lease liabilities	$	38,795