v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense were as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

 

(in thousands)

 

Operating lease cost–fixed

 

$

516

 

 

$

409

 

 

$

1,561

 

 

$

1,242

 

Operating lease cost–variable

 

 

47

 

 

 

62

 

 

 

145

 

 

 

146

 

Short-term lease expense

 

 

13

 

 

 

20

 

 

 

40

 

 

 

28

 

Total lease expense

 

$

576

 

 

$

491

 

 

$

1,746

 

 

$

1,416

 

Summary of Weighted-average Remaining Lease Term and Discount Rate

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

 

 

 

September 30, 2026

 

Weighted-average remaining lease term

 

 

4.99

 

Weighted-average discount rate

 

 

6.89

%

Schedule of Future Lease Payments

Future lease payments under non-cancellable leases as of September 30, 2026 were as follows:

 

(in thousands)

 

 

 

Year Ending December 31,

 

 

 

2026

 

 

466

 

2027

 

 

1,418

 

2028

 

 

1,384

 

2029

 

 

1,092

 

2030

 

 

1,136

 

Thereafter

 

 

1,782

 

Total future lease payments

 

$

7,278

 

Less: imputed interest

 

 

(1,177

)

Total lease liabilities

 

$

6,101