The components of lease cost, net for the three and six months ended June 30, 2026 and 2025 were as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Operating lease cost(1)	$	1,481	$	2,475	$	3,472	$	6,424
Short-term lease cost (12 months or less)	93		114		161		230
Sublease income	(724)		(3,662)		(2,063)		(7,453)
Total lease cost, net	$	850	$	(1,073)	$	1,570	$	(799)

(1) Includes a $1.2 million rent abatement received from the lessor upon satisfying certain terms at the end of the lease, which was recognized as a reduction to lease cost in the three and six months ended June 30, 2025.

The Company’s leases and subleases do not include any variable lease payments, residual value guarantees, related-party leases, or restrictions or covenants that would limit or prevent the Company from exercising its right to obtain substantially all of the economic benefits from use of the respective assets during the lease term.

Supplemental cash flow information related to leases for the six months ended June 30, 2026 and 2025 was as follows (in thousands):


	Six Months Ended June 30,
	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,951	$	16,314

As of June 30, 2026, maturities of lease liabilities were as follows (in thousands)(1):



Remainder of 2026	$	4,206
2027	8,889
2028	6,992
2029	3,497
2030	945
2031	610
Thereafter	—
Total minimum lease payments	25,139
Less: imputed interest	(1,836)
Present value of lease liabilities	$	23,303

(1) Non-cancelable sublease proceeds of $12.5 million are not included in the maturities of lease liabilities disclosed in the table.

As of June 30, 2026 and December 31, 2025, the weighted-average remaining lease term and weighted-average discount rate were as follows:


	June 30, 2026		December 31, 2025
Weighted-average remaining lease term (years) — operating leases	3.3		3.7
Weighted-average discount rate — operating leases	4.7	%	4.6	%