v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Lease Costs
The following table presents various components of the lease costs (in thousands):
Operating LeasesThree Months Ended March 31,
20262025
Operating lease cost$3,756 $3,108 
Short-term lease cost356 130 
Variable lease cost958 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 RateMarch 31, 2026March 31, 2025
Weighted-average remaining lease term (in years)3.74.2
Weighted-average discount rate8.3 %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:20262025
Cash payments included in the measurement of operating lease liabilities, net of tenant allowance receipts
$3,297 $1,037 
Schedule of Maturities of Operating Lease Liabilities
As of March 31, 2026, maturities of the operating lease liabilities are as follows (in thousands):
Operating Leases
Remainder of 2026$8,574 
202713,110 
202811,809 
20295,966 
20303,504 
Thereafter2,513 
Total lease payments45,476 
Less: imputed interest(6,681)
Present value of operating lease liabilities$38,795