| Leases We have operating and finance leases for vehicles, machinery, equipment, warehouses, and office buildings. Our leases have remaining terms ranging from less than one year to twelve years, some of which include options to extend the leases from one to five years, and some of which include options to terminate the leases within one year. Supplemental balance sheet information related to leases is as follows: | | | | | | | | | | | | | | | | | | | Classification | | June 30, 2026 | | December 31, 2025 | | Lease assets | | | | | | | Operating lease right-of-use assets, net | Assets | | $ | 21.8 | | | $ | 24.0 | | | Finance lease right of use assets, net | Property, plant, and equipment, net | | 2.3 | | | 3.2 | | | Total lease assets | | | $ | 24.1 | | | $ | 27.2 | | | Lease liabilities | | | | | | | Operating lease liabilities, current | Current liabilities | | $ | 3.5 | | | $ | 3.9 | | | Operating lease liabilities, non-current | Non-current liabilities | | 22.1 | | | 24.2 | | | Finance lease liabilities, current | Current portion of long-term debt | | 1.5 | | | 1.6 | | | Finance lease liabilities, non-current | Long-term debt | | 1.5 | | | 1.8 | | | Total lease liabilities | | | $ | 28.6 | | | $ | 31.5 | |
The components of lease costs included in our Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Operating leases | | | | | | | | | Operating lease costs | $ | 1.3 | | | $ | 1.6 | | | $ | 2.6 | | | $ | 3.1 | | | Variable lease costs | 0.6 | | | 0.3 | | | 1.2 | | | 0.6 | | | Total operating lease costs | $ | 1.9 | | | $ | 1.9 | | | $ | 3.8 | | | $ | 3.7 | | | Finance leases | | | | | | | | | Amortization of right-of-use asset | $ | 0.4 | | | $ | 0.4 | | | $ | 0.8 | | | $ | 0.9 | | | Total finance lease costs | $ | 0.4 | | | $ | 0.4 | | | $ | 0.8 | | | $ | 0.9 | |
Maturities of lease liabilities as of June 30, 2026 are as follows: | | | | | | | | | | | | | | | | | | | Operating | | Finance | | Total | | 2026 (Remaining six months) | $ | 3.0 | | | $ | 0.9 | | | $ | 3.9 | | | 2027 | 5.3 | | | 1.3 | | | 6.6 | | | 2028 | 4.6 | | | 0.6 | | | 5.2 | | | 2029 | 3.9 | | | 0.3 | | | 4.2 | | | 2030 | 3.7 | | | 0.2 | | | 3.9 | | | 2031 and thereafter | 17.9 | | | 0.1 | | | 18.0 | | | Total lease payments | 38.4 | | | 3.4 | | | 41.8 | | | Less lease interest | (12.8) | | | (0.4) | | | (13.2) | | | Total lease liabilities | $ | 25.6 | | | $ | 3.0 | | | $ | 28.6 | |
Additional information related to leases is presented as follows: | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Operating leases | | | | | Weighted average remaining lease term | 8.8 years | | 9.0 years | | Weighted average discount rate | 9.9% | | 9.9% | | Finance leases | | | | | Weighted average remaining lease term | 2.7 years | | 2.7 years | | Weighted average discount rate | 8.8% | | 8.9% |
Supplemental cash flow information related to leases is presented as follows: | | | | | | | | | | | | | Six Months Ended June 30, | | 2026 | | 2025 | | Cash paid for amounts included in the measurement of lease liabilities | | | | | Operating cash flows from operating leases | $ | 3.3 | | | $ | 3.5 | | | Financing cash flows from finance leases | 0.9 | | | 1.5 | | | Total cash paid | $ | 4.2 | | | $ | 5.0 | | | Right-of-use assets obtained in exchange for lease liabilities | | | | | Leased assets obtained in exchange for new operating lease liabilities | $ | — | | | $ | 1.2 | | | Leased assets obtained in exchange for new finance lease liabilities | 0.4 | | | 0.3 | | | Right-of-use assets obtained in exchange for lease liabilities | $ | 0.4 | | | $ | 1.5 | |
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