The Company’s operating leases consist of rent commitments under various leases for office space, warehouses, land and buildings. The terms of most of these leases are in the range of three to ten years. The Company’s finance leases include machinery, equipment and furniture and fixtures. The terms of these leases range from three to five years. Certain of the Company’s leases include one or more options to extend the lease, for periods ranging from one year to twenty years.

Operating and finance lease balances were as follows:


		December 31,
	Classification	2025		2024
Assets
Operating lease assets	Operating lease right-of-use assets, net	$	64,651	$	53,656
Finance lease assets	Property, plant and equipment, net		267		1,353
Total lease assets		$	64,918	$	55,009
Liabilities
Current:
Operating lease liabilities	Operating lease liabilities, current	$	10,584	$	9,263
Finance lease liabilities	Accrued expenses and other current liabilities		95		1,127
Noncurrent:
Operating lease liabilities	Operating lease liabilities, noncurrent		53,798		43,588
Finance lease liabilities	Other long-term liabilities		242		178
Total lease liabilities		$	64,719	$	54,156

The components of operating and finance lease cost were as follows:


	Year Ended December 31,
	2025			2024			2023
Operating lease cost	$	15,957		$	9,091		$	6,816
Finance lease cost:
Amortization of assets		880			397			178
Interest on lease liabilities		33			28			19
Short term and variable lease cost		1,182			715			204
Sublease revenue		(115	)		(131	)		—
Total lease expense	$	17,937		$	10,100		$	7,217

The weighted-average remaining lease term and discount rates were as follows:


	December 31,
	2025			2024
Weighted-average remaining lease term (years)
Operating leases		6.2			6.2
Finance leases		4.0			1.5
Weighted-average discount rate
Operating leases		8.9	%		8.5	%
Finance leases		8.7	%		3.9	%

Supplemental cash flow information related to leases consisted of the following:


	Year Ended December 31,
	2025		2024		2023
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	15,545	$	9,414	$	6,335
Operating cash flows from finance leases		33		40		19
Financing cash flows from finance leases		1,149		847		177
Non-cash lease disclosures:
Operating lease assets obtained in exchange for operating lease liabilities		21,617		9,350		1,517
Finance lease assets obtained in exchange for finance lease liabilities		130		196		132

The estimated minimum future lease payments were as follows:


Year Ending December 31,	Operating Leases			Finance Leases
‎2026	$	15,848		$	118
‎2027	‎14,583‎			‎93‎
‎2028	‎12,914‎			‎70‎
‎2029	‎12,104‎			‎52‎
‎2030	‎9,794‎			‎42‎
Thereafter	‎20,294‎			‎8‎
Total undiscounted lease obligation	‎85,537‎			‎383‎
Less: Imputed interest	‎(21,155‎		)	‎(46		)‎
Present value of lease obligations	$	64,382		$	337