Changes in right-of-use assets and lease liabilities for the three months ended March 31, 2026 and 2025 are as follows (in thousands): | | | | | | | | | | Right-of-use assets | Lease liabilities | | Office | | Balance at January 1, 2026 | $ | 4,273 | $ | 4,753 | | Acquisitions | 1,317 | 1,452 | | Depreciation | (490) | — | | | | | | | | Interest expense relating to lease liabilities | — | 83 | | Payments of lease liabilities | — | (513) | | Translation differences | (106) | (158) | | Balance at March 31, 2026 | $ | 4,994 | $ | 5,617 |
| | | | | | | | | | Right-of-use assets | Lease liabilities | | Office | | Balance at January 1, 2025 | $ | 4,308 | $ | 4,673 | | | | Depreciation | (283) | — | | | | | Interest expense relating to lease liabilities | — | 61 | | Payments of lease liabilities | — | (269) | | Translation differences | 21 | 21 | | Balance at March 31, 2025 | $ | 4,046 | $ | 4,486 |
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