v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of the Components of Lease Costs
The components of lease costs for the three and six months ended June 30, 2026 and 2025 are as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Operating lease cost$476 $514 $938 $1,016 
Variable lease cost127 101 254 260 
Total lease cost$603 $615 $1,192 $1,276 
Expense related to short-term leases, which are not recorded on the Company’s consolidated balance sheets, for the three and six months ended June 30, 2026 was $0.3 million and $0.6 million compared to $0.2 million and $0.4 million for the same prior year periods, respectively.
Supplemental cash flow information and non-cash activity related to the Company’s leases are as follows (in thousands):
Six Months Ended
June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities and right of use assets:
Operating cash flow from operating leases$946 $1,084 
Right of use assets obtained in exchange for lease obligations:
Operating leases$— $37 
Increases to right of use assets resulting from lease modifications:
Operating leases$— $344 
Weighted average remaining lease terms and discount rates for the Company’s operating leases are as follows:
As of June 30,
20262025
Years
Years
Weighted average remaining lease term:4.14.9
RateRate
Weighted average discount rate:7.8%7.6%
Schedule of Future Maturities of Lease Liabilities
Future maturities of lease liabilities as of June 30, 2026 are as follows (in thousands):
Operating
Leases
2026$949 
20271,627 
20281,504 
20291,396 
2030818 
2031 and thereafter
273 
Total undiscounted lease payments6,567 
Less: Imputed interest(2,460)
Total lease liabilities$4,107 
Schedule of Leases Revenues
The components of the Company’s lease revenues consisted of the following (in thousands ) for the three and six months ended June 30, 2026 and 2025:
Three Months Ended June 30,
Six Months Ended June 30,
2026202520262025
Net operating lease revenue$7,767 $7,679 $15,088 $15,382 
Sales-type lease revenue168 100 267 187 
Total lease revenue$7,935 $7,779 $15,355 $15,569 
Schedule of Net Investment in Sales-Type Leases
The components of our net investment in sales-type leases as of June 30, 2026 and December 31, 2025 were (in thousands):
June 30,
2026		December 31,
2025
Lease receivable$1,686 $1,905 
Net investment in leases$1,686 $1,905 
Our net investment in sales-type leases is classified as follows in the accompanying condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025 were (in thousands):
June 30,
2026		December 31,
2025
Accounts receivable, net$585 $563 
Other assets1,101 1,342 
Total$1,686 $1,905 
Schedule of Future Maturities of Sales-Type Leases
Future maturities of sales-type leases as of June 30, 2026 are as follows (in thousands):
Sales-Type Leases
2026$399 
2027688 
2028593 
2029415 
2030— 
Thereafter— 
Total undiscounted lease payments2,095 
Less: Imputed interest(409)
Total lease receivables$1,686