v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense
Components of lease expense are presented below for the three and six months ended June 30, 2026 and 2025.

Three Months Ended June 30,
20262025
(in thousands)
Lease cost
Operating lease cost$1,603 $2,108 
Short-term lease cost340 296 
Variable lease cost1,110 431 
Total lease cost$3,053 $2,835 

Six Months Ended June 30,
20262025
(in thousands)
Lease cost
Operating lease cost$3,305 $4,211 
Short-term lease cost436 470 
Variable lease cost2,216 961 
Total lease cost$5,957 $5,642 
Schedule of Supplemental Information Required by ASC 842
Supplemental information is presented below for the six months ended June 30, 2026 and 2025.

Six Months Ended June 30,
20262025
(dollar amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$2,839$4,393
Weighted-average remaining lease term — operating leases5.1 years2.4 years
Weighted-average discount rate — operating leases6.5 %6.9 %
Schedule of Future Minimum Lease Payments
The following is a schedule by calendar year of future minimum lease payments under operating leases that have remaining terms as of June 30, 2026:

Period/YearOperating Leases
(in thousands)
July 1 to December 31, 2026$3,428 
20275,563 
20283,704 
20292,134 
20301,237 
2031 and thereafter4,605 
Total minimum lease payments$20,671 
Less: imputed interest2,942 
Present value of lease liabilities$17,729