v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Lease, Cost
The following table presents the Company’s operating lease expense and supplemental cash flow information for the periods presented (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cash paid for operating leases$388 $462 $767 $921 
Operating lease expense$726 $365 $1,097 $718 

The weighted-average remaining lease term and weighted-average discount rate for operating leases were as follows:

As of
June 30, 2026December 31, 2025
Weighted-average remaining lease term (in years):10.526.28
Weighted-average discount rate:8.45 %8.04 %
Lessee, Operating Lease, Liability, to be Paid, Maturity
Undiscounted future minimum lease payments as of June 30, 2026 were as follows (in thousands):
Lease Payments
2026 (Remainder)$5 
2027(540)
2028143 
20291,970 
20302,968 
Thereafter20,739 
   Total lease payments25,285 
Less: Present value adjustment(10,758)
   Present value of lease liabilities$14,527