v3.26.1
Leases
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
The Company leases office space under non-cancellable operating leases for its corporate headquarters in Plano, Texas.

On February 24, 2026, the Company entered into an agreement for an office lease in India that became effective on March 9, 2026, with a lease term of five years. The Company recognized a lease liability and ROU asset of $4.8 million for the India lease that was included in the Condensed Consolidated Balance Sheets as of March 31, 2026.

Operating lease expense consisted of:
Three months ended June 30,
Six months ended June 30,
(in thousands)
2026202520262025
Operating lease expense
$854 $671 $1,626 $1,343 
Short-term lease expense and other(1)
357 351 663 526 
Total lease expense$1,211 $1,022 $2,289 $1,869 
(1) Other lease expense includes variable lease expense.
Supplemental Cash Flow Information
Six months ended June 30,
Cash flow information (in thousands)
20262025
Cash paid for operating lease liabilities
$1,780 $1,393 
Right-of-use assets obtained in exchange for operating lease obligations(1)
$4,797 $— 
(1) For the six months ended June 30, 2026, right-of-use assets obtained in exchange for operating lease obligations is related to the commencement of the Company’s lease agreement in India.

The future maturities of operating lease liabilities are as follows:

(in thousands)June 30, 2026
2026 (six months remaining)$1,920 
20273,738 
20283,945 
20294,307 
20304,458 
Thereafter9,017 
Total minimum lease payments27,385 
Less: present value discount(6,431)
Total lease liability balance$20,954