Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases

Schedule of lease related assets and liabilities

The table below presents the lease related assets and liabilities recorded on our condensed consolidated balance sheet:

		Year Ended December 31,
		2025		2024
	Classification on the Balance Sheet	(In thousands)
Assets
Operating lease assets	Other long-term assets	$	40,086	$	28,688
Total lease assets		$	40,086	$	28,688
Liabilities
Current liabilities:
Operating lease liabilities	Current lease liabilities	$	9,740	$	6,768
Noncurrent liabilities:
Operating lease liabilities	Other long-term liabilities	$	30,473	$	22,145
Total lease liabilities		$	40,213	$	28,913

Schedule of lease costs

The table below presents certain information related to the lease costs for our operating leases:

	Year Ended December 31,
	2025		2024		2023
	(In thousands)
Operating lease cost		12,711		7,941		9,688
Short-term lease cost		3,864		763		150
Variable lease cost		168		25		39
Total lease cost	$	16,743	$	8,729	$	9,877

Summary of supplemental cash flow information related to leases

The table below presents supplemental cash flow information related to leases:

	Year Ended December 31,
	2025		2024		2023
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	12,711	$	7,941	$	9,688

Summary of lease terms and discount rates

The table below presents certain information related to the weighted average remaining lease terms and weighted average discount rates for our operating leases:

	Year Ended December 31,
	2025		2024
Weighted-average remaining lease term - operating leases		5.55		5.57
Weighted-average discount rate - operating leases		7.49%		7.25%

Schedule of undiscounted cash flows for operating lease liabilities

The table below reconciles the undiscounted cash flows for each of the first five years and the total remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet:

	December 31, 2025
	(In thousands)
2026	$	12,565
2027		10,394
2028		7,361
2029		6,047
2030		3,670
Thereafter		9,011
Total undiscounted lease liability		49,048
Less: amount of lease payments representing interest		(8,835)
Long-term lease obligations	$	40,213