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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Maturity of Future Payments Of Operating Lease Liabilities

As of December 31, 2025, future payments of operating lease liabilities are as follows (in thousands):

 

 

 

As of December 31, 2025

 

2026

 

$

12,958

 

2027

 

 

13,329

 

2028

 

 

13,712

 

2029

 

 

13,354

 

2030 and thereafter

 

 

30,640

 

Total future payments of operating lease liabilities

 

 

83,993

 

Less: imputed interest

 

 

(22,389

)

Present value of operating lease liabilities

 

$

61,604

 

 

Summary Of presentation of operating lease In consolidated balance sheet

The following table summarizes the presentation in the Company's consolidated balance sheets of its operating leases (in thousands):

 

 

 

As of December 31,

 

 

 

2025

 

 

2024

 

Assets:

 

 

 

 

 

 

Operating lease assets

 

$

57,743

 

 

$

64,357

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Operating lease liabilities, current

 

 

7,167

 

 

 

4,570

 

Operating lease liabilities, net of current portion

 

 

54,437

 

 

 

60,739

 

Total operating lease liabilities

 

$

61,604

 

 

$

65,309

 

Lease cost in the Company's consolidated statement of operations

The following table summarizes the effect of lease costs in the Company's consolidated statement of operations (in thousands):

 

 

 

Years Ended December 31,

 

 

 

2025

 

 

2024

 

Operating lease costs

 

$

12,997

 

 

$

11,564

 

Variable lease costs

 

 

5,643

 

 

 

3,408

 

Total lease costs

 

$

18,640

 

 

$

14,972