v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Sublease Income The expected undiscounted cash flows to be received from the sublease as of June 30, 2026 is as follows (in thousands):

 

 

June 30,
2026

 

2026

 

$

63

 

2027 and thereafter

 

 

 

Total

 

$

63

 

 

Schedule Of Future Lease payments

The future minimum lease payments under all non-cancelable lease obligations as of June 30, 2026 were as follows (in thousands):

 

 

Operating Leases

 

 

Finance Leases

 

2026

 

$

1,881

 

 

$

 

2027

 

 

3,714

 

 

 

250

 

2028

 

 

3,808

 

 

 

250

 

2029

 

 

3,906

 

 

 

250

 

2030

 

 

662

 

 

 

250

 

2031 and thereafter

 

 

 

 

 

 

Total undiscounted lease payments

 

 

13,971

 

 

 

1,000

 

Less: imputed interest

 

 

(1,915

)

 

 

(202

)

Total lease liability

 

 

12,056

 

 

 

798

 

Less: current portion

 

 

(2,655

)

 

 

(172

)

Lease liability, net of current maturities

 

$

9,401

 

 

$

626

 

Summary of Lease Costs and Other Information

The following table presents the lease cost and information related to the lease right-of-use assets, net and lease liabilities for the quarter ended June 30, 2026 (in thousands):

 

Three Months Ended

 

 

 

June 30, 2026

 

Lease Cost

 

 

 

Operating lease cost

 

$

922

 

Short-term lease cost

 

 

42

 

Finance lease cost:

 

 

 

  Amortization of right-of-use assets

 

 

54

 

  Interest on lease liabilities

 

 

22

 

Sublease income

 

 

(186

)

Total lease cost

 

$

854

 

Other Information

 

 

 

Operating cash flows used for lease liabilities

$

(1,043

)

Financing cash flows used for finance lease liabilities

 

 

 

Weighted-average remaining lease term - operating leases (in years)

 

 

3.7

 

Weighted-average remaining lease term - finance leases (in years)

 

 

4.1

 

Weighted-average discount rate - operating leases

 

 

6.90

%

Weighted-average discount rate - finance leases

 

 

10.00

%