The Company's operating and finance lease right-of-use ("ROU") assets and liabilities as of June 30, 2026 and December 31, 2025 consisted of the following items:


	As of
(in thousands)	June 30, 2026		December 31, 2025
Operating Leases






Operating lease right-of-use assets, net of accumulated amortization (1)	$	5,412	$	6,793

Operating lease obligations, current	$	2,654	$	2,842
Long-term operating lease obligations	4,705		6,086
Total operating lease obligations	$	7,359	$	8,928

Finance Leases



Finance lease right-of-use assets, net of accumulated amortization (2)	$	395	$	276

Finance lease obligations, current	$	248	$	231
Long-term finance lease obligations	195		88
Total finance lease obligations	$	443	$	319

(1) Operating lease ROU assets are reported net of accumulated amortization of $8.0 million and $6.6 million as of June 30, 2026 and December 31, 2025, respectively.

(2) Finance lease ROU assets are reported net of accumulated amortization of $2.6 million and $2.8 million as of June 30, 2026 and December 31, 2025, respectively.

Lease financial information as of and for the three and six months ended June 30, 2026 and 2025 is provided in the following table:


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2026		2025		2026			2025
Finance lease cost:
Amortization of right-of-use assets	$	67	$	101	$	122		$	217
Interest on lease liabilities	26		33		52			71
Operating lease cost	890		924		1,774			1,761
Short-term lease cost	348		259		892			533
Variable lease cost (1)	86		77		163			86

Total lease cost	$	1,417	$	1,394	$	3,003		$	2,668

Other Information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases					$	52		$	71
Operating cash flows from operating leases					$	1,562		$	1,162
Financing cash flows from finance leases					$	117		$	264
Right-of-use assets obtained in exchange for new finance lease liabilities					$	242		$	—
Right-of-use assets obtained in exchange for new operating lease liabilities					$	—		$	1,366
Weighted-average remaining lease term - finance leases					2.9 years			1.0 years
Weighted-average remaining lease term - operating leases					3.5 years			6.7 years
Weighted-average discount rate - finance leases					8.8		%	7.0		%
Weighted-average discount rate - operating leases					9.7		%	11.7		%

(1) Primarily includes common area maintenance, property taxes and insurance payable to lessors.