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Leases
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
We lease various office and retail spaces under non-cancelable operating leases with various expiration dates through fiscal 2034, certain of which contain renewal provisions. These renewal provisions are not reasonably certain to be exercised and therefore are not factored into the determination of lease payments. We have no lease agreements that are classified as finance leases.
The components of lease costs, recognized as selling, general, and administrative expense in the condensed consolidated statements of operations and comprehensive loss, along with the weighted-average lease term and weighted-average discount rate for operating leases, are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands, except for lease term and discount rate)2025202420252024
Operating lease costs$1,960 $3,741 $6,724 $11,775 
Variable lease costs30 30 91 112 
Short-term lease costs— 47 14 141 
Sublease income(41)(68)(159)(203)
Total lease costs$1,949 $3,750 $6,670 $11,825 
September 30,
2025
September 30,
2024
Weighted-average remaining lease term (in years)4.866.23
Weighted-average discount rate5.14 %5.71 %
Supplemental cash flow information related to operating leases are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2025202420252024
Cash paid for amounts included in the measurement of operating lease liabilities$2,874 $3,540 $9,737 $15,775 
Right of use assets obtained in exchange for lease liabilities291 — 397 — 
Right of use assets given up for reduction of lease liabilities— (2,699)(12,481)(15,417)
Future minimum lease payments under non-cancelable operating leases with initial lease terms in excess of one year, included in our lease liabilities as of September 30, 2025, are as follows:
(in thousands)
Operating Lease Payments
Fiscal year ended December 31,
Remainder of 2025
$2,632 
2026
9,141 
2027
5,765 
2028
4,702 
20294,049 
Thereafter
7,466 
Total undiscounted operating lease payments$33,755 
Less: imputed discount2,820 
Total operating lease liabilities $30,935