v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Future Minimum Sublease Receipts Future minimum sublease receipts as of June 30, 2026 are as follows:
YearAmounts
(in thousands)
For the remainder of 2026$914 
20271,721 
20281,772 
20291,826 
20301,880 
2031 and thereafter171 
Total$8,284 
Schedule of Lease Costs and Cash Disclosures
The Company’s lease agreements do not contain any residual value guarantees or restrictive covenants. The components of lease assets and liabilities along with their classification on the Company’s consolidated balance sheets were as follows:
Lease Assets and Liabilities
Classification
June 30, 2026December 31, 2025
(in thousands)
Operating lease assets
Right-of-use assets
$35,986 $37,592 
Current operating lease liabilities
Lease liabilities
$3,917 $3,263 
Non-current operating lease liabilities
Lease liabilities, net of current portion
$61,295 $64,735 
The following table presents lease costs, supplemental cash flow and other information:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
(in thousands)
Operating lease cost$1,986 $1,852 $3,973 $3,733 
Variable lease cost301 135 607 443 
Total lease costs$2,287 $1,987 $4,580 $4,176 
Cash paid for amounts included in the measurement of lease liabilities$2,576 $1,714 $5,153 $3,428 
June 30,
20262025
Weighted-average remaining lease term (in years)
8.9 years9.9 years
Weighted-average discount rate (%)
7.0 %7.0 %
Schedule of Operating Lease Liabilities Maturities
The following table presents maturities of operating lease liabilities on an undiscounted basis as of June 30, 2026:
YearAmounts
(in thousands)
For the remainder of 2026$2,663 
20279,759 
20289,276 
20299,531 
20309,794 
2031 and thereafter48,436 
Total89,459 
Less: Imputed interest(24,247)
Total operating lease liabilities (includes current portion)$65,212