v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases
4. Leases
The Company leases facilities under non-cancelable operating leases. In addition to fixed monthly lease payments, the Company is required to pay operating expenses and real estate taxes for certain of these facilities.
The components of lease cost were as follows (in thousands):
Table 4.1. Lease Cost
Three months ended June 30,Six months ended June 30,
2026202520262025
Operating lease cost$843 $834 $1,673 $1,672 
Short-term lease cost    $113 $165 $337 $332 
Supplemental balance sheet information related to leases is as follows (in thousands):
Table 4.2. Details of Lease Right-of-use Assets and Liabilities
June 30, 2026December 31, 2025
Operating lease right-of-use assets
$15,162 $14,127 
Operating lease liabilities - current3,722 2,686 
Operating lease liabilities - non-current12,229 11,978 
Total operating lease liabilities$15,951 $14,664 
Operating lease liabilities are included in Other current liabilities and Other non-current liabilities on the unaudited Condensed Consolidated Balance Sheets, while operating lease right-of-use assets are included in Other non-current assets on the unaudited Condensed Consolidated Balance Sheets.
Weighted-average lease terms and discount rates are as follows:
Table 4.3. Weighted-average Lease Terms and Discount Rates
June 30, 2026December 31, 2025
Weighted-average remaining lease term
6.4 years
7.4 years
Weighted-average discount rates12.7 %13.4 %
Maturities of lease liabilities under operating leases are as follows (in thousands):
Table 4.4. Maturities of Lease Liabilities
Years ending December 31,
2026 (remaining 6 months)$2,188 
20274,190 
20283,132 
20293,058 
20303,119 
Thereafter8,825 
Total lease payments24,512 
Less: imputed interest
8,561 
Total lease liabilities$15,951