v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Costs
The Company’s lease costs were as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost$3.5 $1.6 $6.7 $2.9 
Short-term lease cost0.5 0.3 1.5 0.4 
Total lease cost$4.0 $1.9 $8.2 $3.3 
The Company’s weighted-average remaining lease term and discount rate as of June 30, 2026 and 2025 were as follows:
As of June 30,
20262025
Weighted-average remaining lease term (in months)13048
Weighted-average discount rate14.1 %13.8 %
Supplemental cash flow information and non-cash activities related to right-of-use assets and lease liabilities were as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflows from operating leases$4.1 $1.7 $5.9 $3.2 
Non-cash investing activities
Operating lease liabilities from obtaining right-of-use assets$6.7 $4.4 $6.7 $4.6 
Schedule of Operating Lease Maturities
The minimum aggregate future obligations under the Company’s non-cancelable operating leases as of June 30, 2026 were as follows (in millions):
Remaining 2026$9.0 
202715.3 
202811.4 
202910.7 
20309.5 
20313.0 
Thereafter57.8 
Total future lease payments116.7 
Less: leasehold improvement allowance(7.3)
Total net future lease payments109.4 
Less: imputed interest(63.9)
Present value of future lease payments$45.5