v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Expense and Other Supplemental Information
Lease expense consisted of the following for the three and six months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease expense$564 $1,256 $1,187 $2,656 
Short-term lease expense198 — 420 — 
Finance lease expense:
Amortization of right-of-use assets19 35 25 70 
Interest on lease liabilities7 4 8 9 
Total lease expense$788 $1,295 $1,640 $2,735 
Other supplemental information related to leases for the three and six months ended June 30, 2026 and 2025 and at June 30, 2026 and December 31, 2025 is as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$729 $1,254 $1,584 $2,670 
Operating cash flows from finance leases7 4 8 9 
Financing cash flows from finance leases23 70 33 138 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$1,949 $2,231 $1,973 $2,492 
Finance leases420 — 395 — 

June 30,December 31,
20262025
Weighted-average remaining lease term:
Operating leases3.3 years3.5 years
Finance leases2.5 years1.5 years
Weighted-average discount rate:
Operating leases9.4 %9.8 %
Finance leases8.8 %10.1 %
Schedule of Supplemental Balance Sheet Information
Right-of-use assets and liabilities related to finance leases are recorded in the following line items on the unaudited condensed consolidated balance sheets at June 30, 2026 and December 31, 2025 (in thousands):

June 30,December 31,
20262025
Property, plant and equipment, net$473 $102 
Accrued expenses and other current liabilities109 49 
Other liabilities324 26 
Schedule of Finance Lease Liabilities
Maturities of lease liabilities at June 30, 2026 are as follows (in thousands):
Operating LeasesFinance Leases
Remainder of 2026$1,450 $71 
20272,036 146 
2028546 88 
202952 196 
203052 — 
Thereafter537 — 
Total lease payments4,673 501 
Less: Present value discount697 68 
Present value of lease payments$3,976 $433 
Schedule of Operating Lease Liabilities
Maturities of lease liabilities at June 30, 2026 are as follows (in thousands):
Operating LeasesFinance Leases
Remainder of 2026$1,450 $71 
20272,036 146 
2028546 88 
202952 196 
203052 — 
Thereafter537 — 
Total lease payments4,673 501 
Less: Present value discount697 68 
Present value of lease payments$3,976 $433 
Schedule of Lease Liability Maturity Outstanding Long-Term Leases
Maturities of lease payments for the Company’s outstanding long-term leases at June 30, 2026 are as follows (in thousands):
Remainder of 2026$6,270 
20277,998 
20286,212 
20292,638 
20301,315 
Thereafter140 
Total lease payments$24,573