4. Leases The Company leases facilities under non-cancelable operating leases. In addition to fixed monthly lease payments, the Company is required to pay operating expenses and real estate taxes for certain of these facilities. The components of lease cost were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Table 4.1. Lease Cost | | Three months ended September 30, | | Nine months ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | Operating lease cost | $ | 1,759 | | | $ | 850 | | | $ | 3,432 | | | $ | 2,522 | | | | | Short-term lease cost | $ | 673 | | | $ | 168 | | | $ | 1,010 | | | $ | 500 | | | |
Supplemental balance sheet information related to leases is as follows (in thousands): | | | | | | | | | | | | Table 4.2. Details of Lease Right-of-use Assets and Liabilities | | September 30, 2026 | | December 31, 2025 | Operating lease right-of-use assets | $ | 16,444 | | | $ | 14,127 | | | | | | | Operating lease liabilities - current | $ | 4,835 | | | $ | 2,686 | | | Operating lease liabilities - non-current | 12,383 | | | 11,978 | | | Total operating lease liabilities | $ | 17,218 | | | $ | 14,664 | |
Operating lease liabilities are included in Other current liabilities and Other non-current liabilities while operating lease right-of-use assets are included in Other non-current assets on the unaudited Condensed Consolidated Balance Sheets. Weighted-average lease terms and discount rates are as follows: | | | | | | | | | | | | Table 4.3. Weighted-average Lease Terms and Discount Rates | | September 30, 2026 | | December 31, 2025 | Weighted-average remaining lease term | 5.7 years | | 7.4 years | | Weighted-average discount rates | 12.2 | % | | 13.4 | % |
Maturities of lease liabilities under operating leases are as follows (in thousands): | | | | | | Table 4.4. Maturities of Lease Liabilities | | Years ending December 31, | | 2026 (remaining 3 months) | $ | 1,388 | | | 2027 | 5,400 | | | 2028 | 3,610 | | | 2029 | 3,058 | | | 2030 | 3,119 | | | Thereafter | 8,825 | | | Total lease payments | 25,400 | | Less: imputed interest | 8,182 | | | | | Total lease liabilities | $ | 17,218 | |
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