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

The components of lease cost were as follows (in thousands):

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease cost(1)

 

 

 

 

 

 

 

 

 

 

 

 

Fixed lease cost

 

$

2,920

 

 

$

989

 

 

$

5,188

 

 

$

1,659

 

Short-term cost

 

 

1,658

 

 

 

147

 

 

 

2,900

 

 

 

231

 

Total operating lease cost

 

$

4,578

 

 

$

1,136

 

 

$

8,088

 

 

$

1,890

 

Summary of lease costs are reflected in the Statements of Operations and Comprehensive Loss
(1)
The lease costs are reflected in the condensed consolidated statements of operations as follows (in thousands):

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cost of revenue

 

$

1,082

 

 

$

176

 

 

$

1,890

 

 

$

265

 

Research and development

 

 

2,550

 

 

 

686

 

 

 

4,953

 

 

 

1,179

 

Sales and marketing

 

 

271

 

 

 

147

 

 

 

465

 

 

 

235

 

General and administrative

 

 

675

 

 

 

127

 

 

 

780

 

 

 

211

 

Total operating lease cost

 

$

4,578

 

 

$

1,136

 

 

$

8,088

 

 

$

1,890

 

Summary of Supplemental cash flow and other information related to operating leases

Supplemental cash flow and other information related to operating leases was as follows (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cash payments (receipts) included in the
   measurement of operating lease liabilities, net of
   lease incentives

 

$

2,399

 

 

$

742

 

 

$

5,003

 

 

$

1,543

 

Summary of maturities of operating lease liabilities

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

 

Amount

 

Year Ending December 31,

 

 

 

2026

 

$

5,680

 

2027

 

 

14,517

 

2028

 

 

12,852

 

2029

 

 

10,824

 

2030

 

 

7,812

 

Thereafter

 

 

19,410

 

Total lease payments

 

$

71,095

 

Less: imputed interest

 

 

(12,645

)

Less: lease incentives

 

 

(3,952

)

Present value of operating lease liabilities

 

$

54,498