v3.26.1
Lease Obligation (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Operating Sublease Income

The following table summarizes the operating sublease income generated under the Sublease Agreement for the three and six months ended June 30, 2026 and 2025:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

(in thousands)

 

 

 

(in thousands)

 

Operating sublease income

 

$

 

402

 

 

$

 

303

 

 

$

 

804

 

 

$

 

606

 

Summary of Future Minimum Lease Payments Due Under Operating Leases

Future minimum lease payments due under operating leases are as follows:

 

 

 

Total Minimum

 

Year Ending December 31,

 

Lease Payments

 

 

 

(in thousands)

 

Remainder of 2026

 

$

4,908

 

2027

 

 

7,763

 

2028

 

 

7,996

 

2029

 

 

8,235

 

2030

 

 

8,483

 

Thereafter

 

 

227

 

Total future minimum lease payments

 

$

37,612

 

Less: imputed interest

 

 

(5,045

)

Total operating lease liabilities

 

$

32,567

 

Reported as:

 

 

 

Operating lease liabilities

 

$

6,876

 

Operating lease liabilities, net of current portion

 

 

25,691

 

Total operating lease liabilities

 

$

32,567