v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Operating Lease Cost and Additional Information
Operating lease cost consists of the following (in thousands):
Six Months Ended June 30,
20262025
Operating lease cost
$1,667 $1,655 
Short-term lease cost
16 15 
Variable lease cost
320 238 
Total lease cost
$2,003 $1,908 
The following table summarizes additional information related to the Company’s operating leases (in thousands, except weighted average data):
June 30,December 31,
20262025
Right of use asset
$17,267 $18,028 
Weighted average remaining lease term (years)8.869.31
Weighted average discount rate9.9 %9.9 %
The following table summarizes other supplemental information related to the Company’s operating leases (in thousands):
Six Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of lease liabilities included in cash flows used in operating activities
$1,485 $1,318 
Right-of-use assets obtained in exchange for lease liabilities$40 $805 
Schedule of Maturity Analysis of Lease Liabilities
The following table summarizes a maturity analysis of the Company’s lease liabilities showing the aggregate lease payments as of June 30, 2026 (in thousands):
Fiscal Year Ending December 31,Amount
2026 (remaining six months)$1,497 
20273,016 
20282,943 
20292,948 
20302,941 
Thereafter14,840 
Total minimum lease payments28,185 
Less: Amount of lease payments representing interest9,505 
Present value of future minimum lease payments$18,680 
Reported as:
Current lease liabilities$1,277 
Long-term lease liabilities17,403 
Total lease liabilities$18,680