Leases |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Leases [Abstract] | |
| Leases | 9. Information related to the Company’s right-of-use Three months ended (in US$ thousands) March 31, 2026 March 31, 2025 Operating lease costs $ 9,180 $ 8,317 Cash paid for operating lease liabilities 6,859 5,564 Finance lease costs: Amortization of right-of-use assets 1,068 133 Interest on lease liabilities 680 38 Total $ 1,748 $ 171 (in US$ thousands) March 31, 2026 December 31, 2025 Assets Operating leases: Operating lease right-of-use assets $ 81,480 $ 86,481 Finance leases: Property and equipment 36,954 36,133 Accumulated depreciation (4,060) (2,721) Property and equipment, net 32,894 33,412 Liabilities Current operating lease obligations 27,205 26,348 Operating lease liabilities, less current portion 61,165 66,493 Total 88,370 92,841 Current finance lease obligations 8,222 7,952 Finance lease liabilities, less current portion 16,862 17,373 Total 25,084 25,325 Current lease obligation 35,427 34,300 Non-current lease obligation 78,027 83,866 Total $ 113,454 $ 118,166 March 31, 2026 December 31, 2025 Weighted Average Remaining Weighted average remaining lease term – finance 3.0 3.2 Weighted average remaining lease term – operating 3.1 3.3 Weighted Average Discount Weighted discount rate – finance lease 10.8% 10.8% Weighted discount rate – operating lease 9.5% 9.5% The Company’s one year four years , some which include options to extend the terms where the Company exercised. Maturities of lease liabilities as at March 31, (in US$ thousands) Operating Lease Finance Lease Year ending 2026 $ 25,902 $ 8,094 2027 32,937 9,158 2028 29,406 8,517 2029 13,461 3,476 Total 101,706 29,245 Less imputed interest (13,336) (4,161) Total $ 88,370 $ 25,084 |