Leases (Tables)

6 Months Ended

Jun. 30, 2026

The following table summarizes total lease expense, net for the periods presented:


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2026		2025		2026		2025
Operating lease expense	$	1,239	$	1,244	$	2,482	$	2,470
Short-term lease expense	—		8		—		61
Variable lease expense	490		315		842		618
Total lease expense	1,729		1,567		3,324		3,149
Sublease income	(907)		(886)		(1,804)		(1,775)
Total lease expense, net	$	822	$	681	$	1,520	$	1,374

Schedule of Remaining Operating Lease Payments

As of June 30, 2026, the total remaining operating lease payments included in the measurement of lease liabilities, and undiscounted remaining cash receipts from the Company’s Sublease was as follows (in thousands):


Fiscal Year Ending December 31,	Operating Lease Payments		Sublease Cash Receipts
2026 (remaining)	$	(2,714)	$	1,758
2027	(5,429)		3,574
2028	(5,429)		3,645
2029	(4,458)		3,718
2030	(41)		—

Total (payments) cash receipts	$	(18,071)	$	12,695
Less: imputed interest	1,673
Total lease liabilities	$	(16,398)