v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Lease Cost
The Company’s lease costs recorded in the condensed consolidated statements of operations were as follows for the three and nine months ended September 30, 2026 and 2025 (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Operating lease cost (before sublease income)$4,195 $4,328 $12,656 $12,851 
Short-term lease cost27 30 75 144 
Loss on lease termination and right-of-use asset impairment charges
— — — 6,697 
Sublease income
(582)(566)$(1,748)$(1,697)
Total lease cost$3,640 $3,792 $10,983 $17,995 
The weighted-average remaining lease term and weighted-average discount rate for operating leases were as follows as of September 30, 2026 and December 31, 2025:
September 30, 2026December 31, 2025
Weighted-average remaining lease term (in years)8.48.6
Weighted-average discount rate used to determine operating lease liabilities5.8 %5.8 %
Schedule of Future Minimum Payments Under Non-cancellable Operating Leases
Maturities of operating lease liabilities as of September 30, 2026 were as follows (in thousands):
Years Ending December 31,
2026 (remaining)
$3,722 
202722,358 
202818,760 
202917,597 
203018,493 
Thereafter91,242 
Total undiscounted lease payments172,172 
Less: amount representing interest(39,017)
Present value of operating lease liabilities133,155 
Less: current portion of operating lease liabilities(20,381)
Operating lease liabilities - long-term$112,774