Leases

3 Months Ended

Mar. 31, 2026

Supplemental disclosure of cash flow information related to operating leases is as follows for the three months ended March 31, 2026, and 2025, respectively:


	Three Months Ended
	March 31, 2026		March 31, 2025
	(in thousands of USD)
Cash paid for amounts included in the measurement of operating lease liabilities	$	2,767	$	1,240
Right-of-use assets obtained in exchange for operating lease liabilities	$	4	$	12,007

In March 2025, LINE Digital Frontier entered into two lease agreements for office space. The leases commenced in March 2025, and expire in February 2030, with monthly payments of $0.1 million each, at a discount rate of 2.9%. Upon commencement, each of the two leases was recognized as a right-of-use asset in the amounts of $6.0 million and $6.0 million, respectively.

The Company subleases a portion of its operating lease right-of-use assets for buildings. Sublease income was $0.1 million and $0.1 million for the three months ended March 31, 2026, and 2025, respectively, and is included within Other income (loss), net on the Condensed Consolidated Statements of Operations and Comprehensive Loss.

As of March 31, 2026, the Company has executed a lease agreement, which commences April 1, 2026, for the Company’s new headquarters. Costs incurred prior to the commencement date, including leasehold improvements and the security deposit, are recorded within Property and equipment, net and other current assets, net respectively