Leases (Tables)

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Schedule of Components of Lease Expense

The components of lease expense were as follows (in thousands):

	For the three months ended September 30,				For the nine months ended September 30,
	2025		2024		2025		2024
Finance lease expense:
Amortization	$	—	$	—	$	—	$	8
Operating lease expense:
Operating lease expense(1)	1,792		1,792		5,376		5,376
Sublease income	(501)		(501)		(1,504)		(1,504)
Total lease expense, net	$	1,291	$	1,291	$	3,872	$	3,880

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(1)     Represents the straight-line lease expense of operating leases, inclusive of amortization of ROU assets and the interest component of operating lease liabilities.

Schedule of Assets and Liabilities, Lessee

The following tables set forth the amount of lease assets and lease liabilities included in the Company’s condensed consolidated balance sheets (in thousands):

Assets	Financial Statement Line Item	September 30, 2025
Operating lease assets	Operating lease right-of-use asset	$	12,281
Total lease assets		$	12,281
Liabilities
Current
Operating lease liabilities	Accrued expenses	8,878
Non-current
Operating lease liabilities	Operating lease liabilities, net of current portion	6,481
Total lease liabilities		$	15,359

Supplemental information related to the Company’s leases for the nine months ended September 30, 2025 was as follows:

Weighted-average remaining lease term (in years)
Finance leases	—
Operating leases	1.8
Weighted-average discount rate
Finance leases	—		%
Operating leases	2.29		%
Cash paid for amounts included in the measurement of lease liabilities (in thousands)
Operating cash flows used in operating leases	$	6,378
Financing cash flows used in finance leases	$	1