Leases (Tables)

3 Months Ended

Mar. 31, 2026

The operating and financing components of the Company’s right-of-use assets and lease liabilities on the consolidated balance sheets were as follows:


	Balance Sheet Location	March 31, 2026		December 31, 2025
Right-of-use assets
Operating	Operating right-of-use assets	$	25,382	$	23,471
Financing	Property, plant and equipment, net	234		298
Total right-of use assets		$	25,616	$	23,769

Lease liabilities
Operating	Operating lease liabilities, current and long-term portions	$	24,959	$	23,157
Financing	Long-term debt, current and long-term portions	251		313
Total lease liabilities		$	25,210	$	23,470

Lease cost recognized in the condensed consolidated statements of operations for the three months ended March 31, 2026 and 2025 was as follows:


	Three Months Ended March 31,
		2026		2025
Finance lease cost
Amortization of right-of-use assets		$	58	$	58
Interest on lease liabilities		7		12
Operating lease cost		3,533		3,162
Short-term lease cost		—		—


Total lease cost		$	3,598	$	3,232

Other information related to the Company’s leasing activity for the three months ended March 31, 2026 and 2025 is as follows:


	Three Months Ended March 31,
	2026			2025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for finance leases	$	67		$	12
Operating cash flows used for operating leases	$	6,137		$	4,457
Financing cash flows used for finance leases	$	61		$	58


Right-of-use assets obtained in exchange for new operating lease liabilities	$	4,956		$	—


Weighted average remaining lease term - finance leases	1.2 years			2.1 years
Weighted average discount rate - finance leases	9.35		%	9.51		%
Weighted average remaining lease term - operating leases	3.1 years			2.8 years
Weighted average discount rate - operating leases	7.77		%	7.31		%

Maturities of the Company’s lease liabilities as of March 31, 2026 are as follows:


	Operating Leases		Finance Leases		Total
Remainder of 2026	$	7,878	$	193	$	8,071
2027	9,036		65		9,101
2028	6,029		7		6,036
2029	3,690		—		3,690
2030	1,457		—		1,457
Thereafter	60		—		60
Total cash lease payments	28,150		265		28,415
Less: amounts representing interest	(3,191)		(14)		(3,205)
Total lease liabilities	$	24,959	$	251	$	25,210

Maturities of the Company’s lease liabilities as of March 31, 2026 are as follows:


	Operating Leases		Finance Leases		Total
Remainder of 2026	$	7,878	$	193	$	8,071
2027	9,036		65		9,101
2028	6,029		7		6,036
2029	3,690		—		3,690
2030	1,457		—		1,457
Thereafter	60		—		60
Total cash lease payments	28,150		265		28,415
Less: amounts representing interest	(3,191)		(14)		(3,205)
Total lease liabilities	$	24,959	$	251	$	25,210