Leases (Tables)

9 Months Ended

Sep. 30, 2026

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,
	2026		2025		2026		2025
Operating lease expense:
Operating lease expense(1)	$	1,696	$	1,792	$	5,171	$	5,376
Sublease income	(501)		(501)		(1,504)		(1,504)
Total lease expense, net	$	1,195	$	1,291	$	3,667	$	3,872

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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, 2026
Operating lease assets	Operating lease right-of-use asset	$	6,467
Total lease assets		$	6,467
Liabilities
Current
Operating lease liabilities	Accrued expenses	$	5,899
Non-current
Operating lease liabilities	Operating lease liabilities, net of current portion	1,325
Total lease liabilities		$	7,224

Supplemental information related to the Company’s leases for the nine months ended September 30, 2026 was as follows:

Weighted-average remaining lease term (in years)
Operating leases	1.4
Weighted-average discount rate
Operating leases	2.60		%
Cash paid for amounts included in the measurement of lease liabilities (in thousands)
Operating cash flows used in operating leases	$	6,891