v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases Leases
The Company has various operating lease agreements for office space, warehouses, manufacturing, production locations, and other equipment. The Company's real estate leases had original lease terms of three to eleven years and have remaining lease terms of one to ten years. The Company excludes options that are not reasonably certain to be exercised from our lease terms, ranging from one to ten years. The Company's lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms, with all other lease payments consisting of variable lease costs. For certain leases, the Company receives incentives from its landlords, such as rent abatements, which effectively reduce the total lease payments owed for these leases.
The Company did not have any financing lease arrangements as of June 30, 2026 and December 31, 2025.
The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of June 30, 2026 and December 31, 2025:
June 30,December 31,
(In thousands)20262025
Weighted average discount rate - operating leases6.6%6.4%
Weighted average remaining lease term in years - operating leases6.15.2
The components of lease expense for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Operating lease costs$621 $603 $1,167 $1,214 
Short-term lease costs20 38 43 49 
Total operating lease costs641 641 1,210 1,263 
Variable lease costs335 227 755 523 
Total lease costs$976 $868 $1,965 $1,786 
Maturities of the Company's lease liabilities as of June 30, 2026 were as follows:
(In thousands)Operating
Leases
2026 (6 months remaining)$1,732 
20273,329 
20283,147 
20293,248 
20303,094 
Thereafter4,707 
Total lease payments19,257 
Less: interest(3,519)
Total present value of lease liabilities$15,738 
Leases Leases
The Company has various operating lease agreements for office space, warehouses, manufacturing, production locations, and other equipment. The Company's real estate leases had original lease terms of three to eleven years and have remaining lease terms of one to ten years. The Company excludes options that are not reasonably certain to be exercised from our lease terms, ranging from one to ten years. The Company's lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms, with all other lease payments consisting of variable lease costs. For certain leases, the Company receives incentives from its landlords, such as rent abatements, which effectively reduce the total lease payments owed for these leases.
The Company did not have any financing lease arrangements as of June 30, 2026 and December 31, 2025.
The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of June 30, 2026 and December 31, 2025:
June 30,December 31,
(In thousands)20262025
Weighted average discount rate - operating leases6.6%6.4%
Weighted average remaining lease term in years - operating leases6.15.2
The components of lease expense for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2026202520262025
Operating lease costs$621 $603 $1,167 $1,214 
Short-term lease costs20 38 43 49 
Total operating lease costs641 641 1,210 1,263 
Variable lease costs335 227 755 523 
Total lease costs$976 $868 $1,965 $1,786 
Maturities of the Company's lease liabilities as of June 30, 2026 were as follows:
(In thousands)Operating
Leases
2026 (6 months remaining)$1,732 
20273,329 
20283,147 
20293,248 
20303,094 
Thereafter4,707 
Total lease payments19,257 
Less: interest(3,519)
Total present value of lease liabilities$15,738