| Leases |
Leases The following table presents components of lease expense for the three and nine months ended September 30, 2026 and 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Finance lease cost | | | | | | | | | | | | | | | | | Interest on lease liabilities | $ | — | | | $ | 173 | | | $ | — | | | $ | 530 | | | Operating lease cost | 1,262 | | | 1,194 | | | 3,753 | | | 3,465 | | | Variable lease cost | 28 | | | 149 | | | 192 | | | 527 | | | Short-term lease | 223 | | | 227 | | | 830 | | | 620 | | | Total lease cost | $ | 1,513 | | | $ | 1,743 | | | $ | 4,775 | | | $ | 5,142 | |
Maturities of lease liabilities as of September 30, 2026 are as follows (in thousands): | | | | | | | | | | | Operating Leases | | | | 2026 | $ | 1,994 | | | | | 2027 | 5,866 | | | | | 2028 | 5,552 | | | | | 2029 | 3,597 | | | | | 2030 | 1,283 | | | | | Thereafter | — | | | | | Total future minimum lease payments | 18,292 | | | | | Less: Interest | 1,416 | | | | | Total | $ | 16,876 | | | |
Supplemental cash flow information related to leases for the three and nine months ended September 30, 2026 and 2025 are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | | Operating cash flows for operating leases | $ | 1,874 | | | $ | 1,622 | | | $ | 5,334 | | | $ | 4,852 | | | Financing cash flows for financing leases | — | | | 401 | | | — | | | 1,095 | | | Right-of-use assets obtained in exchange for new lease liabilities: | | | | | | | | | Operating leases | $ | 3,558 | | | $ | — | | | $ | 3,558 | | | $ | — | |
Supplemental balance sheet information related to leases as of September 30, 2026 and December 31, 2025 are as follows: | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Weighted average remaining lease term (years): | | | | | Operating leases | 3.0 | | 3.5 | | | | | | Weighted average discount rate: | | | | | Operating leases | 5.1 | % | | 5.0 | % | | | | |
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