v3.26.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Lease Cost Lease cost amounts included in the measurement of lease obligations and other information related to non-cancellable operating leases were as follows (in thousands):
Three Months Ended March 31,
 20262025
Operating lease cost(1)
$1,495 $1,243 
(1) The Company had no variable lease costs.
Other information:Operating Leases
Weighted-average remaining lease term (in years)6.6
Weighted-average discount rate6.9 %
Three Months Ended March 31,
Cash paid (in thousands):
20262025
Operating cash flows from operating leases$1,244 $1,208 
Operating Lease Maturity
As of March 31, 2026, our maturity analysis of annual undiscounted cash flows of the non-cancellable operating leases are as follows (in thousands):
Years Ending December 31,Operating Leases
2026 (remaining 9 months)$3,866 
20275,222 
20286,604 
20296,605 
20307,020 
Thereafter11,156 
Total minimum lease payments40,473 
Less: imputed interest8,053 
Lease obligations$32,420 
Reconciliation of operating lease liabilities as shown within the unaudited condensed consolidated balance sheets (in thousands):
Current portion of lease obligations - Operating leases$3,302 
Long-term lease obligations - Operating leases29,118 
Total operating lease liabilities$32,420