v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Maturities of Operating Lease Liabilities under Noncancelable Leases

As of June 30, 2026, maturities of the Company’s operating lease liabilities under noncancelable leases are as follows (in thousands):

 

2026 (remaining six months)

 

$

2,781

 

2027

 

 

5,929

 

2028

 

 

7,157

 

2029

 

 

7,986

 

2030

 

 

8,886

 

Thereafter

 

 

47,170

 

Total undiscounted lease payments

 

 

79,909

 

Less imputed interest

 

 

(30,787

)

Less tenant improvement allowance

 

 

(7,663

)

Present value of operating lease liabilities

 

$

41,459

 

Operating lease liabilities:

 

 

 

Current

 

 

2,277

 

Noncurrent

 

 

39,182

 

Total lease liability

 

$

41,459

 

Schedule of Weighted-average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and discount rate as of June 30, 2026 were as follows:

Other information:

 

 

 

Weighted-average remaining lease term (years)

 

 

8.9

 

Weighted-average discount rate

 

 

10.6

%