v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Related Assets and Liabilities
The table below presents the operating lease-related assets and liabilities recorded on the condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025:
As of
June 30, 2026December 31, 2025
(in thousands)
Right-of-use assets$9,859 $4,089 
Lease liabilities included in accrued expenses and other current liabilities4,370 2,478 
Lease liabilities included in other non-current liabilities4,686 1,132 
Total operating lease liabilities$9,056 $3,610 
Weighted-average remaining lease term (years)5.31.6
Weighted-average discount rate7.2%5.3%
Schedule of Lease Costs
The table below presents certain information related to the lease costs for operating leases for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
(in thousands)
Operating lease cost$1,267 $822 $2,008 $1,627 
Short-term lease cost340 467 685 972 
Variable lease cost395 725 1,163 1,749 
Total lease cost$2,002 $2,014 $3,856 $4,348 
Schedule of Undiscounted Cash Flows
The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of June 30, 2026:
(in thousands)
Remainder of 2026$2,731 
20272,538 
2028899 
2029793 
2030701 
2031 and beyond3,683 
Total minimum lease payments11,345 
Less: amount of lease payments representing interest(2,289)
Present value of future minimum lease payments9,056 
Less: current obligations under leases(4,370)
Long-term lease liabilities$4,686