The Company leases certain property under operating leases that expire at various dates. The most significant of these operating leases is the corporate headquarters in San Francisco, California. For the three and six months ended June 30, 2026, rent expense for all operating leases was $4.0 million and $8.0 million. For the three and six months ended June 30, 2025, rent expense for all operating leases was $2.7 million and $5.5 million.


	Three Months Ended June 30,			Six Months Ended June 30,
		2026		2025		2026		2025
Fixed operating lease costs		$	3,977	$	2,622	$	7,958	$	5,271
Variable operating lease costs		2,022		1,940		4,106		3,676
Short-term lease cost		45		73		89		216
Sublease income		—		(225)		—		(449)
Total lease cost		$	6,044	$	4,410	$	12,153	$	8,714

Variable operating lease costs are primarily related to payments made to the Company’s landlords for common area maintenance, property taxes, insurance, and other operating expenses.

In the ordinary course of business, the Company may be subject to various legal proceedings, including, from time to time, actions which are asserted to be maintainable as class action suits, and is at times subjected to government and regulatory proceedings, investigations and inquiries. The Company reviews these matters on an ongoing basis to determine whether it is probable and estimable that a loss has occurred and uses that information when making accrual and disclosure decisions. If the potential loss is considered probable and the amount can be reasonably estimated, the Company accrues a liability for the estimated loss. If the reasonable estimate is a range and no amount within that range is considered a better estimate than any other amount, an accrual is recorded based on the bottom amount of the range. Loss contingencies that are reasonably possible of occurrence are subject to disclosure.