XML 55 R39.htm IDEA: XBRL DOCUMENT v3.25.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of lease costs
Lease expense, which is included in general and administrative expense on the accompanying consolidated statements of operations and comprehensive income (loss), consists of the following (in thousands):
Year Ended December 31,
202520242023
Operating lease cost$7,954 $8,515 $9,506 
Short-term lease cost69 41 26 
Total lease cost$8,023 $8,556 $9,532 

Weighted average remaining lease term and discount rate for operating leases are as follows:
December 31, 2025December 31, 2024December 31, 2023
Weighted average remaining lease term10.2 years11.1 years11.6 years
Weighted average discount rate8.2 %5.1 %5.0 %
Schedule of supplemental cash flow
Supplemental cash flow information related to leases is as follows (in thousands):
Year Ended December 31,
202520242023
Net cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$9,879 $11,355 $13,705 
Right-of-use assets obtained in exchange for new operating lease liabilities$84 $17 $861 
Schedule of lease maturity
Maturities of lease liabilities as of December 31, 2025 are as follows (in thousands):
 Operating Leases
Year ending December 31, 2026$8,186 
Year ending December 31, 20276,448 
Year ending December 31, 20286,017 
Year ending December 31, 20296,176 
Year ending December 31, 20306,339 
Thereafter39,856 
Total lease payments73,022 
Less: Interest25,031 
Present value of lease liabilities$47,991