Leases

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Leases

17.Leases

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

Leases recorded on the balance sheet consist of the following:

	March 31,		December 31,
	2026		2025
Assets
Operating lease right-of-use assets, net (1)	$	24,391	$	20,397
Financing lease right-of-use assets, net (2)		16,361		18,360
Total assets	$	40,752	$	38,757
Liabilities
Current
Operating	$	4,698	$	4,418
Financing		6,000		7,517
Total current		10,698		11,935
Noncurrent
Operating		28,314		24,695
Financing		5,461		5,878
Total noncurrent		33,775		30,573
Total liabilities	$	44,473	$	42,508

(1) Operating lease right-of-use assets are recorded net of accumulated amortization of $35.2 million and $33.8 million as of March 31, 2026 and December 31, 2025, respectively.

(2) Financing lease right-of-use assets are recorded net of accumulated amortization of $26.8 million and $24.8 million as of March 31, 2026 and December 31, 2025, respectively.

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

	March 31,		December 31,
	2026		2025
Weighted Average Remaining Lease Term (in years)
Operating leases	8.81		9.41
Financing leases	2.45		2.09
Weighted Average Discount Rate
Operating leases	11.01	%	11.50	%
Financing leases	8.69	%	9.02	%

The components of lease expense were as follows:

	Three Months Ended
	March 31,
	2026		2025
Operating lease costs:
Operating lease cost	$	2,192	$	3,135
Short-term lease cost (1)		1,341		1,221
Financing lease costs:
Interest on lease liabilities		259		421
Amortization of right-of-use assets		2,003		2,228
Total lease cost	$	5,795	$	7,005

(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:

	Three Months Ended
	March 31,
	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	2,295	$	1,926
Operating cash flows for finance leases	$	259	$	421
Financing cash flows for finance leases	$	2,507	$	2,517
Non-cash activity:
ROU assets obtained in exchange for new operating lease liabilities	$	5,196	$	924
ROU assets obtained in exchange for new financing lease liabilities	$	897	$	509

Maturities of lease liabilities are summarized as follows:

	Operating Leases		Finance Leases
Year ending December 31,
2026 (excluding the three months ended March 31, 2026)	$	6,077	$	5,307
2027		7,053		3,022
2028		5,731		1,704
2029		4,939		2,392
2030		4,930		310
Thereafter		25,164		57
Total future minimum lease payments		53,894		12,792
Less - amount representing interest		20,882		1,331
Present value of future minimum lease payments		33,012		11,461
Less - current lease obligations		4,698		6,000
Long-term lease obligations	$	28,314	$	5,461