Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of operating lease

The Company and its subsidiaries lease office space under various operating lease agreements with the following lease expiration dates as summarized below:

Location	Lease expiration dates
New York City, New York (headquarters)	February 2029
San Francisco, California	November 2026
Amsterdam, Netherlands	April 2032
Tel Aviv, Israel	December 2030

Schedule of ROU Assets and Operating Lease Liabilities

The following are the details of the office lease extensions and impact of the lease modification ($ amount in millions):

			Impact of Lease Modification
Location	Lease Extension Effective Date	Lease Expiration Date	RoU Asset		Lease Liability
New York (1)	November 2024	February 2029	$	4.5	$	4.3
Amsterdam	November 2025	April 2032	$	3.3	$	3.4
Tel Aviv	December 2025	December 2030	$	12.0	$	12.1

(1) lease extension for two floors through February 2029 and lease for the remaining floors expired on November 2025.

Schedule of operating lease expense under ASC 842 for leased facilities

Operating lease cost under ASC 842 for leased facilities is presented below ($ in millions):

	December 31,
	2025		2024
Operating lease cost	$	7.0	$	7.9
Short term lease expense	0.1		0.1
Variable lease costs	0.9		0.4
	$	8.0	$	8.4

Supplemental cash flow information related to operating leases is as follows ($ in millions):

	December 31,
	2025		2024
Operating cash outflow from operating leases	$	8.6	$	9.9
Operating cash inflow from operating subleases	$	3.5	$	2.6
RoU assets obtained in exchange for modification of operating lease liabilities	$	15.3	$	4.5

Schedule of weighted-average remaining lease term and discount rate

Weighted-average remaining lease term and discount rate are as follows:

	December 31,
	2025		2024
Weighted-average remaining lease term (in years)	4.8		3.9
Weighted-average discount rate	6.50	%	6.14	%

Schedule of operating lease maturity

Maturities of operating lease liabilities as of December 31, 2025 is as follows ($ in millions):

2026	$	7.2
2027	4.9
2028	5.1
2029	3.8
2030	3.6
thereafter	1.0
Total undiscounted lease payments	$	25.6
Present value discount	1.6
Lease liabilities	$	24.0