Leases

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Leases

16.Leases

The Company has operating and finance leases for office space, equipment and vehicles.

Leases recorded on the balance sheet consists of the following:

	September 30,		December 31,
	2025		2024
Assets
Operating lease right-of-use assets, net (1)	$	22,240	$	27,101
Financing lease right-of-use assets, net (2)		21,028		25,806
Total assets	$	43,268	$	52,907
Liabilities
Current
Operating	$	4,650	$	7,546
Financing		9,953		10,580
Total current		14,603		18,126
Noncurrent
Operating		20,929		20,837
Financing		6,346		11,346
Total noncurrent		27,275		32,183
Total liabilities	$	41,878	$	50,309

(1) Operating lease right-of-use assets are recorded net of accumulated amortization of $32.2 million and $25.6 million as of September 30, 2025 and December 31, 2024, respectively.

(2) Financing lease right-of-use assets are recorded net of accumulated amortization of $23.1 million and $17.0 million as of September 30, 2025 and December 31, 2024, respectively.

Other information related to lease term and discount rate is as follows:

	September 30,		December 31,
	2025		2024
Weighted Average Remaining Lease Term (in years)
Operating leases	8.95		8.35
Financing leases	2.11		2.40
Weighted Average Discount Rate
Operating leases	11.47	%	10.66	%
Financing leases	9.14	%	8.74	%

The components of lease expense are as follows:

	Three months ended				Nine months ended
	September 30,				September 30,
	2025		2024		2025		2024
Operating lease costs:
Operating lease cost	$	2,595	$	3,374	$	8,801	$	9,416
Short-term lease cost (1)		1,348		1,103		4,020		2,953
Financing lease costs:
Interest on lease liabilities		391		446		1,261		1,277
Amortization of right-of-use assets		2,130		1,933		6,490		5,597
Total lease cost	$	6,464	$	6,856	$	20,572	$	19,243

(1) Includes expenses related to leases with a lease term of more than one month but less than one year.

Supplemental cash flow information related to leases is as follows:

	Nine Months Ended
	September 30,
	2025		2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	6,764	$	8,567
Operating cash flows for finance leases	$	1,261	$	1,277
Financing cash flows for finance leases	$	7,847	$	6,456
Non-cash activity:
ROU assets obtained in exchange for new operating lease liabilities	$	2,709	$	14,177
ROU assets obtained in exchange for new financing lease liabilities	$	1,899	$	7,426

Maturities of lease liabilities are summarized as follows:

	Operating Leases		Finance Leases
Year ending December 31,
2025 (excluding the nine months ended September 30, 2025)	$	2,388	$	3,216
2026		1,929		8,250
2027		5,911		2,823
2028		4,490		1,497
2029		3,679		2,176
Thereafter		28,591		83
Total future minimum lease payments		46,988		18,045
Less - amount representing interest		21,409		1,746
Present value of future minimum lease payments		25,579		16,299
Less - current lease obligations		4,650		9,953
Long-term lease obligations	$	20,929	$	6,346