v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Costs
The components of lease expenses were as follows (in thousands):
Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Operating lease cost$10,091 $521 $10,409 $1,433 
Short-term lease cost226 — 226 — 
Variable lease cost20 308 32 617 
Schedule of Other Lease Information
The following table provides a summary of other information related to leases (in thousands):
Six months ended
June 30,
20262025
Cash payments included in operating cash flows from lease arrangements$11,672$1,226
Schedule of Additional Financial Information
The following table provides supplemental balance sheet information related to leases:
June 30,
2026
December 31,
2025
Weighted-average remaining lease term—operating leases3.97 years6.76 years
Weighted-average discount rate—operating leases10 %%
Schedule of Operating Lease Liability Maturity
Maturity of lease liabilities under non-cancellable operating leases as of June 30, 2026, are as follows (in thousands):
Payments due by periodAmount
2026 (Remainder)$17,562 
202737,546 
202827,919 
202919,789 
203012,199 
Thereafter10,919 
Total lease payments125,934 
Less interest9,301 
Present value of lease liabilities$116,633