Leases (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Leases [Abstract] |
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| Schedule of Operating and Finance Leases Recorded in Consolidated Balance Sheet |
Operating and finance lease amounts from continuing operations included in the unaudited condensed consolidated balance sheets are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | Classification | | Financial Statement Line Item | | March 31, 2026 | | December 31, 2025 | | Long-term Assets | | Right-of-use assets, operating leases | | $ | 9,221 | | | $ | 9,368 | | | Long-term Assets | | Property, plant and equipment | | 978 | | | 1,060 | | | Current liabilities | | Current portion of lease liabilities, operating leases | | 733 | | | 712 | | | Current liabilities | | Current portion of lease liabilities, finance leases | | 335 | | | 331 | | | Non-current liabilities | | Non-current portion of lease liabilities, operating leases | | 11,301 | | | 11,496 | | | Non-current liabilities | | Non-current portion of lease liabilities, finance leases | | 722 | | | 808 | |
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| Schedule of Operating and Finance Leases Discount Rates, Total Lease Cost and Weighted Average Remaining Leases |
Individual components of the total lease cost incurred by the Company are as follows: | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | (in thousands) | 2026 | | 2025 | | | | | Operating lease cost1 | $ | 359 | | | $ | 957 | | | | | | | Finance lease cost: | | | | | | | | | Amortization of right-of-use assets | 82 | | | 75 | | | | | | | Interest on finance lease liabilities | 16 | | | 18 | | | | | | | Sublease income | (211) | | | (147) | | | | | | | Total lease cost | $ | 246 | | | $ | 903 | | | | | |
1Includes short term leases, which are immaterial | | | | | | | | | | | | | Weighted-average remaining lease term | March 31, 2026 | | December 31, 2025 | | Operating leases | 10.26 years | | 10.50 years | | Finance leases | 2.98 years | | 3.23 years | | Weighted-average discount rate | | | | | Operating leases | 7.18 | % | | 7.18 | % | | Finance leases | 5.94 | % | | 5.94 | % |
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| Schedule of Maturities For Sub Leases |
Future expected cash receipts from the Company's sublease as of March 31, 2026 are as follows: | | | | | | | (in thousands) | Sublease Receipts | | Remainder of 2026 | $ | 446 | | | 2027 | 606 | | | 2028 | 618 | | | 2029 | 631 | | | 2030 | 643 | | | Thereafter | 3,954 | | | Total sublease receipts | $ | 6,898 | |
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| Schedule of Maturities For Operating Leases After Adoption of 842 |
The amounts of undiscounted future minimum lease payments under leases in continuing operations as of March 31, 2026 are as follows: | | | | | | | | | | | | | (in thousands) | Operating | | Finance | | Remainder of 2026 | $ | 1,170 | | | $ | 291 | | | 2027 | 1,589 | | | 387 | | | 2028 | 1,622 | | | 387 | | | 2029 | 1,655 | | | 86 | | | 2030 | 1,589 | | | 64 | | | Thereafter | 9,566 | | | — | | | Total undiscounted minimum future lease payments | 17,191 | | | 1,215 | | | Imputed interest | (5,157) | | | (158) | | | Present value of lease liabilities | $ | 12,034 | | | $ | 1,057 | |
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| Schedule of Maturities For Finance Leases After Adoption of 842 |
The amounts of undiscounted future minimum lease payments under leases in continuing operations as of March 31, 2026 are as follows: | | | | | | | | | | | | | (in thousands) | Operating | | Finance | | Remainder of 2026 | $ | 1,170 | | | $ | 291 | | | 2027 | 1,589 | | | 387 | | | 2028 | 1,622 | | | 387 | | | 2029 | 1,655 | | | 86 | | | 2030 | 1,589 | | | 64 | | | Thereafter | 9,566 | | | — | | | Total undiscounted minimum future lease payments | 17,191 | | | 1,215 | | | Imputed interest | (5,157) | | | (158) | | | Present value of lease liabilities | $ | 12,034 | | | $ | 1,057 | |
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