v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of the Components of Lease Costs
The components of lease costs for the three months ended March 31, 2026 and 2025 are as follows (in thousands):
 Three Months Ended
March 31,
 20262025
Operating lease cost$462 $502 
Variable lease cost127 159 
Total lease cost$589 $661 
Expense related to short-term leases, which are not recorded on the Company’s consolidated balance sheets, was $0.2 million and nil for the three months ended March 31, 2026, and 2025, respectively.
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):
 Three Months Ended
March 31,
20262025
Cash paid for amounts included in the measurement of lease liabilities and right of use assets:  
Operating cash flow from operating leases$472 $615 
 
Right of use assets obtained in exchange for lease obligations:
Operating leases$— $37 
Increases to right of use assets resulting from lease modifications:
Operating leases$— $344 
Weighted average remaining lease terms and discount rates for the Company’s operating leases are as follows:
 As of March 31,
 20262025
 
 
Years
Years
Weighted average remaining lease term:4.35.1
 RateRate
Weighted average discount rate:7.7%7.6%
Schedule of Future Maturities of Lease Liabilities
Future maturities of lease liabilities as of March 31, 2026 are as follows (in thousands):
 
Operating
Leases
2026$1,427 
20271,627 
20281,504 
20291,396 
2030818 
2031 and thereafter
273 
Total undiscounted lease payments7,045 
Less: Imputed interest(2,587)
Total lease liabilities$4,458 
Schedule of Leases Revenues
The components of the Company’s lease revenues consisted of the following (in thousands ) for the three months ended March 31, 2026 and 2025:
Three Months Ended March 31,
20262025
Net operating lease revenue$7,321 $7,703 
Sales-type lease revenue99 88 
Total lease revenue$7,420 $7,791 
Schedule of Net Investment in Sales-Type Leases
The components of our net investment in sales-type leases as of March 31, 2026 and December 31, 2025 were (in thousands):
March 31,
2026		December 31,
2025
Lease receivable$1,781 $1,905 
Net investment in leases$1,781 $1,905 
Our net investment in sales-type leases is classified as follows in the accompanying condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025 were (in thousands):
March 31,
2026		December 31,
2025
Accounts receivable, net$555 $563 
Other assets1,226 1,342 
Total$1,781 $1,905 
Schedule of Future Maturities of Sales-Type Leases
Future maturities of sales-type leases as of March 31, 2026 are as follows (in thousands):
Sales-Type Leases
2026$606 
2027655 
2028569 
2029408 
2030— 
Thereafter— 
Total undiscounted lease payments2,238 
Less: Imputed interest(457)
Total lease receivables$1,781