v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
As of June 30, 2026, future minimum commitments under the Company’s operating leases with lease terms in excess of 12 months were as follows:
(in thousands)
Operating Leases
2026 (remaining six months)$945 
20271,919 
20281,954 
20291,990 
20302,016 
Thereafter7,279 
Future minimum operating lease payments16,103 
Less: Interest(7,250)
Present value of lease liability$8,853 
As of June 30, 2026 and December 31, 2025, the Company’s weighted-average remaining lease term for operating leases was 9.8 years and 10.1 years, respectively, and the Company’s weighted-average discount rate for operating leases was 9.7% as of June 30, 2026 and December 31, 2025.
The components of the Company’s lease expense are as follows:

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Operating lease expense$366 $388 $777 $814 
Variable lease expense55 56 118 119 
Total lease expense$421 $444 $895 $933