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Leases
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases Leases
The Company leases office and manufacturing facilities under non-cancelable operating leases expiring at various dates through August 2032. Some of the Company’s leases include one or more options to renew, with renewal terms that if exercised by the Company, extend the lease term from one to six years. The exercise of these renewal options is at the Company’s discretion. The Company’s lease agreements do not contain any material terms and conditions of residual value guarantees or material restrictive covenants. The Company’s short-term leases and sublease income were not material.
In April 2025, the Company terminated a non-cancellable operating lease located in Sunnyvale, California. The lease was originally scheduled to expire in November 2028. In connection with the termination, the Company made a payment of $1.2 million as a termination fee. As a result of the lease termination, the Company derecognized the related right-of-use asset and liability, resulting in a loss on lease termination of $8.3 million was recorded in other income (expense), net in the condensed consolidated statements of operations.
The components of lease expenses were as follows (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2025202420252024
Operating lease cost$1,815 $2,927 $6,151 $8,596 
Variable lease cost218 332 708 990 
Total operating lease cost$2,033 $3,259 $6,859 $9,586 
Supplemental cash flow information related to leases was as follows (in thousands):
Nine Months Ended September 30,
20252024
Cash paid for amounts included in the measurement of lease liabilities:
Cash paid for operating leases included in operating activities$(6,655)$(8,174)
Recognition/(derecognition) of right-of-use asset in exchange for lease obligations:
Operating leases$(7,906)$2,543 
Supplemental balance sheet information related to leases was as follows (in thousands):
September 30, 2025December 31, 2024
Operating leases:
Operating lease right-of-use assets$17,108 $31,479 
Operating lease liabilities:
Operating lease liabilities, current$7,362 $10,049 
Operating lease liabilities, non-current13,047 24,083 
Total operating lease liabilities$20,409 $34,132 
Weighted average remaining terms were as follows (in years):
September 30, 2025December 31, 2024
Weighted average remaining lease term
Operating leases3.714.20
Weighted average discount rates were as follows:
September 30, 2025December 31, 2024
Weighted average discount rate
Operating leases6.69%6.25%
Maturities of lease liabilities were as follows (in thousands):
Operating Leases
Year Ending December 31,
2025 (remaining three months)
$1,938 
20267,308 
20276,274 
20283,417 
20291,506 
Thereafter2,555 
Total lease payments22,998 
Less: imputed interest(2,589)
Total leases liabilities$20,409 
As part of the impairment assessment of long-lived assets, during the three and nine months ended September 30, 2025, the Company recorded an impairment of the right-of-use asset of $1.5 million for Optogration and NRE asset groups