v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Lease Costs
The following table presents various components of the lease costs (in thousands):
Operating LeasesThree Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Operating lease cost$3,148 $3,255 $10,355 $9,544 
Short-term lease cost295 120 978 403 
Variable lease cost995 1,097 2,972 3,628 
Total lease cost$4,438 $4,472 $14,305 $13,575 
The weighted-average remaining term of our operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount RateSeptember 30, 2026September 30, 2025
Weighted-average remaining lease term (in years)3.44.2
Weighted-average discount rate8.2 %8.5 %
The following table presents supplemental information arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of the operating lease liabilities, and as such, are excluded from the amounts below (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
Supplemental Cash Flow Information:2026202520262025
Cash payments included in the measurement of operating lease liabilities, net of tenant allowance receipts$2,950 $3,053 $9,637 $7,805 
Schedule of Maturities of Operating Lease Liabilities
As of September 30, 2026, maturities of the operating lease liabilities are as follows (in thousands):
Operating Leases
Remainder of 2026$2,552 
202711,959 
202810,974 
20295,904 
20303,472 
Thereafter2,486 
Total lease payments37,347 
Less: imputed interest(4,964)
Present value of operating lease liabilities$32,383