v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Costs
The following table presents various components of the lease costs (in thousands):
Operating LeasesThree Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost$3,451 $3,181 $7,207 $6,289 
Short-term lease cost327 153 683 283 
Variable lease cost1,018 1,228 1,977 2,531 
    Total lease cost
$4,796 $4,562 $9,867 $9,103 
The weighted-average remaining term of our operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount RateJune 30, 2026June 30, 2025
Weighted-average remaining lease term (in years)3.63.9
Weighted-average discount rate8.0 %8.9 %
The following table presents supplemental information arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of the operating lease liabilities, and as such, are excluded from the amounts below (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Supplemental Cash Flow Information:2026202520262025
Cash payments included in the measurement of operating lease liabilities, net of tenant allowance receipts
$3,390 $3,715 $6,687 $4,752 
Schedule of Maturities of Operating Lease Liabilities
As of June 30, 2026, maturities of the operating lease liabilities are as follows (in thousands):
Operating Leases
Remainder of 2026$5,263 
202712,036 
202811,042 
20295,942 
20303,492 
Thereafter2,503 
Total lease payments40,278 
Less: imputed interest(5,684)
Present value of operating lease liabilities$34,594