v3.26.1
Leases
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases

Note 4. Leases

The Company has operating leases, principally for corporate offices under non-cancelable operating leases that expire at various dates through 2031. The non-cancellable base terms of these remaining leases typically range from one to five years. Certain lease agreements include options to renew or terminate the lease, which are not factored into the determination of lease payments if they are not reasonably certain to be exercised.

The following table details the composition of lease expense for the periods presented:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease cost

 

$

961

 

 

$

1,036

 

 

$

1,929

 

 

$

2,111

 

Variable lease cost

 

 

134

 

 

 

58

 

 

 

227

 

 

 

114

 

Short-term lease cost

 

 

5

 

 

 

5

 

 

 

10

 

 

 

45

 

Total lease costs

 

$

1,100

 

 

$

1,099

 

 

$

2,166

 

 

$

2,270

 

Sublease income

 

$

(58

)

 

$

(27

)

 

$

(93

)

 

$

(54

)

 

Cash payments related to operating lease liabilities were $1,311 and $1,318 for the three months ended June 30, 2026 and 2025, respectively and $2,594 and $2,682 for the six months ended June 30, 2026 and 2025, respectively.