v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Summary of Lease Costs Recognized under ASC 842 Pertaining to Finance and Operating Leases

The following table contains a summary of the lease costs recognized under ASC 842 pertaining to the Company’s finance and operating leases for the six months ended June 30, 2026 (in thousands):

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Lease cost:

 

 

 

 

 

 

Amortization of finance ROU assets

 

$

1

 

 

$

9

 

Interest on finance lease liabilities

 

 

1

 

 

 

23

 

Operating lease cost

 

 

806

 

 

 

866

 

Variable lease cost

 

 

439

 

 

 

428

 

Total lease costs

 

$

1,247

 

 

$

1,326

 

Summary of Other Information Pertaining to Finance and Operating Leases

The following table contains a summary of other information pertaining to the Company’s finance and operating leases for the three and six months ended June 30, 2026 and 2025 (in thousands, except lease term and discount rate):

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Other lease information:

 

 

 

 

 

 

Operating cash outflows for operating leases

 

$

873

 

 

$

897

 

Operating cash outflows for finance leases

 

$

1

 

 

$

23

 

Financing cash outflows from finance leases

 

$

80

 

 

$

525

 

 

 

 

 

 

 

 

Weighted-average remaining lease term:

 

 

 

 

 

 

Operating leases

 

0.4 years

 

 

1.4 years

 

Financing leases

 

-- years

 

 

0.7 years

 

 

 

 

 

 

 

 

Weighted-average discount rate:

 

 

 

 

 

 

Operating leases

 

7.6%

 

 

7.6%

 

Financing leases

 

--%

 

 

10.0%

 

Summary of Maturity of Operating and Finance Lease Liabilities The following table presents the maturity of the Company’s operating and finance lease liabilities as of June 30, 2026 (in thousands):

 

 

Operating

 

 

Financing

 

2026 (Remainder of 2026)

 

$

540

 

 

$

 

2027

 

 

59

 

 

 

 

Total future minimum lease payments

 

 

599

 

 

 

 

Less: imputed interest

 

 

7

 

 

 

 

Total lease liabilities

 

$

592

 

 

$