v3.26.1
LEASES, COMMITMENTS, AND CONTINGENCIES
 3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
LEASES, COMMITMENTS, AND CONTINGENCIES LEASES, COMMITMENTS, AND CONTINGENCIES
Leases

The Company’s financing lease right-of-use (ROU) asset is included in other non-current assets in the condensed consolidated balance sheets.

The components of lease expense were as follows:
Three Months Ended March 31,
In Thousands20262025
Finance lease costs$27 $30 
Operating lease costs1,220 1,527 
Variable lease costs771 1,008 
Total$2,018 $2,565 
Operating lease costs for short-term leases was not material for the three months ended March 31, 2026, or 2025.
Supplemental cash flow information related to leases was as follows:
Three Months Ended March 31,
In Thousands20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows (operating leases)$1,264 $495 

Supplemental balance sheet information related to leases was as follows:
As of March 31, 2026As of December 31, 2025
OperatingFinancingOperatingFinancing
Weighted average remaining lease term (years) 8.90.49.10.7
Weighted average discount rate 7.5%10.6%7.5%10.6%
As of March 31, 2026, future minimum payments under operating leases were as follows:
In Thousands
Operating
Remainder of 2026$3,781 
20275,045 
20285,081 
20294,905 
20305,004 
Thereafter20,312 
 44,128 
Less: interest(12,288)
Total$31,840 
Current portion$2,764 
Noncurrent portion$29,076 
Litigation and Claims

From time-to-time, the Company may be involved in legal proceedings arising in the ordinary course of business. The Company is not a party to any material pending legal proceedings as of March 31, 2026.
LEASES, COMMITMENTS, AND CONTINGENCIES LEASES, COMMITMENTS, AND CONTINGENCIES
Leases

The Company’s financing lease right-of-use (ROU) asset is included in other non-current assets in the condensed consolidated balance sheets.

The components of lease expense were as follows:
Three Months Ended March 31,
In Thousands20262025
Finance lease costs$27 $30 
Operating lease costs1,220 1,527 
Variable lease costs771 1,008 
Total$2,018 $2,565 
Operating lease costs for short-term leases was not material for the three months ended March 31, 2026, or 2025.
Supplemental cash flow information related to leases was as follows:
Three Months Ended March 31,
In Thousands20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows (operating leases)$1,264 $495 

Supplemental balance sheet information related to leases was as follows:
As of March 31, 2026As of December 31, 2025
OperatingFinancingOperatingFinancing
Weighted average remaining lease term (years) 8.90.49.10.7
Weighted average discount rate 7.5%10.6%7.5%10.6%
As of March 31, 2026, future minimum payments under operating leases were as follows:
In Thousands
Operating
Remainder of 2026$3,781 
20275,045 
20285,081 
20294,905 
20305,004 
Thereafter20,312 
 44,128 
Less: interest(12,288)
Total$31,840 
Current portion$2,764 
Noncurrent portion$29,076 
Litigation and Claims

From time-to-time, the Company may be involved in legal proceedings arising in the ordinary course of business. The Company is not a party to any material pending legal proceedings as of March 31, 2026.
LEASES, COMMITMENTS, AND CONTINGENCIES LEASES, COMMITMENTS, AND CONTINGENCIES
Leases

The Company’s financing lease right-of-use (ROU) asset is included in other non-current assets in the condensed consolidated balance sheets.

The components of lease expense were as follows:
Three Months Ended March 31,
In Thousands20262025
Finance lease costs$27 $30 
Operating lease costs1,220 1,527 
Variable lease costs771 1,008 
Total$2,018 $2,565 
Operating lease costs for short-term leases was not material for the three months ended March 31, 2026, or 2025.
Supplemental cash flow information related to leases was as follows:
Three Months Ended March 31,
In Thousands20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows (operating leases)$1,264 $495 

Supplemental balance sheet information related to leases was as follows:
As of March 31, 2026As of December 31, 2025
OperatingFinancingOperatingFinancing
Weighted average remaining lease term (years) 8.90.49.10.7
Weighted average discount rate 7.5%10.6%7.5%10.6%
As of March 31, 2026, future minimum payments under operating leases were as follows:
In Thousands
Operating
Remainder of 2026$3,781 
20275,045 
20285,081 
20294,905 
20305,004 
Thereafter20,312 
 44,128 
Less: interest(12,288)
Total$31,840 
Current portion$2,764 
Noncurrent portion$29,076 
Litigation and Claims

From time-to-time, the Company may be involved in legal proceedings arising in the ordinary course of business. The Company is not a party to any material pending legal proceedings as of March 31, 2026.