v3.26.1
Operating Leases
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Operating Leases Operating Leases
The Company has commitments under operating leases for office, laboratory, and space to be used for manufacturing in Malvern, Pennsylvania and other locations. The Company's corporate headquarters lease has an initial term of approximately seven years and includes options to extend the lease for up to 10 years, which the Company has not elected to account for since it is not reasonably certain that the Company will exercise such option. The Company's current GMP facility lease has an initial term of seven years and includes an option to extend the lease for up to five years, which the Company has elected to account
for since it is reasonably certain that the Company will exercise such option. The Company leases three other general use facilities, within the United States, which have initial terms of two to three years and contain no option to extend. The Company has leases in Canada and India which have initial terms of four to five years and contain no option to extend.

The Company's future minimum base rent payments are approximately as follows (in thousands):
For the years ending December 31,Amount
Remainder of 2026$1,118 
20271,172 
20281,191 
2029961 
2030381 
2031326 
Thereafter334 
Total$5,483 
Less: present value adjustment(1,381)
Present value of minimum lease payments$4,102