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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components of Lease Costs

The components of the lease costs for the years ended December 31, 2025 and 2024 (in thousands):

 

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

Operating lease costs

 

$

9,829

 

 

$

9,967

 

Financing lease costs:

 

 

 

 

 

 

Amortization of right-to-use assets, financing
   leases

 

 

1,616

 

 

 

1,424

 

Interest expense for financing lease liabilities

 

 

312

 

 

 

206

 

Variable lease costs

 

 

6,040

 

 

 

5,086

 

Total lease costs

 

$

17,797

 

 

$

16,683

 

Supplemental Cash Flow Information Relating to Leases

Supplemental cash flow information relating to the Company’s leases for the years ended December 31, 2025 and 2024 were as follows (in thousands):

 

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement
   of lease liabilities:

 

 

 

 

 

 

Operating cash flows used in operating leases

 

$

12,074

 

 

$

9,524

 

Operating cash flows used in finance leases

 

$

1,494

 

 

$

1,351

 

Financing cash flows used in finance leases

 

$

312

 

 

$

206

 

Summary of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates as of December 31, 2025 and 2024 were as follows:

 

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

Remaining lease term:

 

 

 

 

 

 

Operating lease

 

8.6 years

 

 

9.5 years

 

Financing lease

 

2.1 years

 

 

2.8 years

 

Discount Rate:

 

 

 

 

 

 

Operating lease

 

 

8.7

%

 

 

8.7

%

Financing lease

 

 

8.8

%

 

 

8.7

%

Summary of Undiscounted Future Lease Payments for Operating and Finance Leases

The undiscounted future lease payments for operating and finance leases as of December 31, 2025, were as follows (in thousands):

 

Fiscal Year

 

Operating
Leases

 

 

Financing
Leases

 

2026

 

 

12,436

 

 

 

1,885

 

2027

 

 

12,809

 

 

 

1,180

 

2028

 

 

13,193

 

 

 

449

 

2029

 

 

13,589

 

 

 

71

 

2030

 

 

11,534

 

 

 

 

Thereafter

 

 

49,301

 

 

 

 

Total minimum lease payments

 

 

112,862

 

 

 

3,585

 

Less amounts representing interest or imputed interest

 

 

(33,887

)

 

 

(308

)

Present value of lease liabilities

 

$

78,975

 

 

$

3,277