The Company has operating and finance leases for its facilities. The weighted-average remaining lease term and weighted-average discount rates related to leases were as follows:


	September 30,			December 31,
	2026			2025
Weighted-average remaining lease term (in years)
Operating leases		6.2			4.5
Finance leases		9.3			0.0
Weighted-average discount rate
Operating leases		7.0	%		7.6	%
Finance leases		9.4	%		0.0	%

The components of lease cost were as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Operating lease cost
Fixed lease cost	$	3,207	$	1,614	$	8,395	$	3,273
Short-term cost		2,351		818		5,251		1,049
Total operating lease cost(1)		5,558		2,432		13,646		4,322
Finance lease cost
Amortization of assets		515		—		518		—
Interest on lease liabilities		441		—		442		—
Total finance lease cost		956		—		960		—
Total net lease cost	$	6,514	$	2,432	$	14,606	$	4,322

(1)

The operating lease costs are reflected in the condensed consolidated statements of operations as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Cost of revenue	$	1,271	$	520	$	3,161	$	785
Research and development		3,082		614		8,035		1,793
Sales and marketing		319		55		784		290
General and administrative		886		1,243		1,666		1,454
Total operating lease cost	$	5,558	$	2,432	$	13,646	$	4,322

Supplemental cash flow and other information related to leases was as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Cash payments (receipts) included in the measurement of lease liabilities, net of lease incentives
Operating leases	$	2,807	$	1,940	$	7,810	$	3,483
Finance leases	$	777	$	—	$	781	$	—

Supplemental balance sheet information related to leases is as follows (in thousands):


		September 30,		December 31,
Leases	Classification	2026		2025
Right-of-use assets
Operating lease right-of-use assets	Other noncurrent assets	$	76,899	$	22,724
Finance lease right-of-use assets	Property and equipment, net		28,185		—
Total lease right-of-use assets			105,084		22,724
Operating lease liabilities
Current portion of operating lease liabilities	Accrued expenses and other current liabilities		14,034		8,850
Operating lease liabilities, net of current portion	Other noncurrent liabilities		46,218		21,171
Total operating lease liabilities			60,252		30,021
Finance lease liabilities
Current portion of finance lease liabilities	Accrued expenses and other current liabilities		2,305		—
Finance lease liabilities, net of current portion	Other noncurrent liabilities		26,087		—
Total finance lease liabilities			28,392		—
Total lease liabilities		$	88,644	$	30,021

As of September 30, 2026, maturities of lease liabilities are as follows (in thousands):


	Operating Leases			Finance Leases
Year Ending December 31,
2026	$	2,792		$	1,131
2027		15,329			4,710
2028		14,449			4,484
2029		12,500			4,466
2030		9,544			4,462
Thereafter		24,559			21,710
Total lease payments	$	79,173		$	40,963
Less: imputed interest		(14,969	)		(12,571	)
Less: lease incentives		(3,952	)		—
Present value of lease liabilities	$	60,252		$	28,392