Leases (Tables)

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Components of Lease Costs

The components of lease costs were as follows:

	Classification	Three Months Ended March 31,
(in thousands)		2026		2025
Finance lease cost
Amortization of leased assets	Depreciation and amortization	$	189	$	188
Interest on lease liabilities	Interest expense	37		24
Operating lease cost	Operating expense1	1,015		1,164
Lease cost		$	1,241	$	1,376

_________________________________________

(1)Operating lease expense is presented in cost of services or selling, general and administrative expense based on the use of the relevant facility.

Other information related to operating and finance leases was as follows:

	March 31, 2026		December 31, 2025
Finance leases
Weighted average remaining lease term (years)	14.5		17.3
Weighted average discount rate	6.6	%	6.5	%
Operating leases
Weighted average remaining lease term (years)	8.6		8.4
Weighted average discount rate	6.4	%	6.3	%

	Three Months Ended March 31,
(in thousands)	2026		2025
Cash paid for operating lease liabilities	$	1,112	$	1,264
Operating lease right-of-use assets obtained in exchange for new lease liabilities (includes new leases or modification of existing leases)	731		51

Schedule of Expected Maturity of Lease Liabilities, Operating

The following table summarizes the expected maturity of lease liabilities as of March 31, 2026:

(in thousands)	Operating Leases		Finance Leases		Total
2026 (remainder of the year)	$	2,738	$	417	$	3,155
2027	2,738		408		3,146
2028	2,181		364		2,545
2029	1,685		368		2,053
2030	1,430		368		1,798
2031 and thereafter	6,813		3,637		10,450
Total lease payments	17,585		5,562		23,147
Less: Interest	(4,639)		(2,530)		(7,169)
Present value of lease liabilities	$	12,946	$	3,032	$	15,978

Schedule of Expected Maturity of Lease Liabilities, Financing

The following table summarizes the expected maturity of lease liabilities as of March 31, 2026:

(in thousands)	Operating Leases		Finance Leases		Total
2026 (remainder of the year)	$	2,738	$	417	$	3,155
2027	2,738		408		3,146
2028	2,181		364		2,545
2029	1,685		368		2,053
2030	1,430		368		1,798
2031 and thereafter	6,813		3,637		10,450
Total lease payments	17,585		5,562		23,147
Less: Interest	(4,639)		(2,530)		(7,169)
Present value of lease liabilities	$	12,946	$	3,032	$	15,978

Schedule of Minimum Rental Receipts Under Lease Agreement Lessor, Operating Leases

Contractual minimum rental receipts expected under the lease agreements in place as of March 31, 2026 is as follows:

(in thousands)	Operating Leases
2026 (remainder of the year)	$	2,871
2027	3,650
2028	3,457
2029	3,303
2030	3,097
2031 and thereafter	14,921
Total	$	31,299