The Company's leases include office space located in the United States and other international locations, which are all classified as operating leases. The Company’s leases have remaining lease terms generally between 1 year and 7 years. Operating leases are included in right of use assets, other current liabilities, and non-current operating lease liabilities on the Company’s consolidated balance sheets. The Company does not have any finance leases.


	Year Ended
	May 2, 2026		May 3, 2025
Operating lease expenses	$	5,077	$	4,186
Cash paid for amounts included in the measurement of operating lease liabilities	$	4,716	$	3,961
Right-of-use assets obtained in exchange for lease obligation	$	12,787	$	5,178

The aggregate future lease payments for operating leases as of May 2, 2026 are as follows (in thousands):


Fiscal Year	Operating leases
2027	$	6,092
2028	6,377
2029	5,843
2030	4,971
2031	3,014
Thereafter	3,364
Total lease payments	29,661
Less: Interest	(4,212)
Present value of lease liabilities	$	25,449

As of May 2, 2026, the weighted average remaining lease term for the Company's operating leases was 5.11 years and the weighted average discount rate used to determine the present value of the Company's operating leases was approximately 6.27%.

In December 2025, the Company entered into multiple leasing agreements for additional office spaces to expand the corporate headquarter buildings in the United States. The lease that has not yet commenced has an initial lease term of 6 years and an annual base rent of approximately $1.5 million. The lease arrangements further extend headquarter office spaces through calendar year 2036.