v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense, Weighted-Average Discount Rate and Weighted-Remaining Lease Terms
The following table summarizes our primary office leases as of June 30, 2026 (in thousands, other than term):
LocationLease Termination Term (in years)Future Minimum Lease CommitmentsLetter of Credit Amount Required
Arlington, VA4.5$2,468 $— 
Edison, NJ (1)
0.0— 222 
Makati City, Philippines1.9462 — 
Pune, India4.9800 — 
Brea, CA0.9910 — 
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(1)Subsequent to June 30, 2026, the Company’s lease in Edison, NJ expired and the Company was no longer party to an irrevocable standby letter of credit.
The following table summarizes the components of our lease expense (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2026202520262025
Operating lease cost, net of sublease income$250 $(684)$792 $(150)
Variable lease cost211 1,583 440 1,922 
Total lease cost$461 $899 $1,232 $1,772 
Our weighted-average discount rate and our weighted remaining lease terms (in years) are as follows:
June 30, 2026December 31, 2025
Weighted average discount rate8.42 %8.89 %
Weighted average remaining lease term (in years)3.53.0
Schedule of Maturity of Lease Liabilities
Maturity of lease liabilities including future lease termination payments (in thousands) is as follows:
Operating
Lease Expense
2026$952 
20271,321 
2028798 
2029716 
2030739 
Thereafter114 
Total lease payments4,640 
Less:
Interest673 
Present value of lease liabilities$3,967