v3.25.4
Operating Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components of Lease Cost, Lease Term and Discount Rate
The components of lease cost were as follows:
Year ended December 31,
202520242023
(in thousands)
Operating lease cost$7,756 $7,231 $13,062 
Short-term lease cost2,512 3,324 3,857 
Variable lease cost1,097 278 749 
Total lease costs$11,365 $10,833 $17,668 
The weighted-average remaining lease term and discount rate related to the operating leases were as follows:
December 31,
2025		December 31,
2024
Weighted-average remaining lease term (in years)3.004.00
Weighted-average discount rate6.22 %6.48 %
Maturity of Lease Liabilities
The present value of our operating lease liabilities as of December 31, 2025 was as follows:
(in thousands)
2026$8,779 
20278,728 
20286,993 
20291,500 
Total undiscounted lease payments
26,000 
Less: imputed interest
(2,786)
Present value of lease liabilities
$23,214 
Operating lease liabilities
7,023 
Operating lease liabilities, noncurrent
16,191 
Total
$23,214