v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense for the Company's operating leases in its unaudited consolidated statements of operations and comprehensive income (loss) were as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease costs

 

$

14,897

 

 

$

14,184

 

 

$

29,458

 

 

$

28,185

 

The weighted-average remaining lease term and discount rate for operating lease liabilities included in the consolidated balance sheets are as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

Weighted-average remaining lease term (in years)

 

 

4.3

 

 

 

4.2

 

Weighted-average discount rate

 

 

7.87

%

 

 

7.76

%

Summary of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases was as follows:

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

33,788

 

 

$

33,071

 

Noncash lease activity

 

 

 

 

 

 

Right-of-use lease assets obtained in exchange for new operating lease liabilities

 

$

28,950

 

 

$

16,340

 

 

Summary of Future Minimum Lease Payments

The future minimum lease payments under non-cancellable operating leases as of June 30, 2026 are as follows:

Year Ended December 31,

 

Amount

 

Remainder of 2026

 

$

26,820

 

2027

 

 

64,676

 

2028

 

 

53,275

 

2029

 

 

37,896

 

2030

 

 

26,169

 

Thereafter

 

 

30,302

 

Total lease payments

 

$

239,138

 

Less: imputed interest

 

 

(38,479

)

Total lease liabilities

 

$

200,659