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Leases
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company has various operating lease agreements for office space, warehouses, manufacturing, production locations, and other equipment. The Company's real estate leases had original lease terms of three to eleven years and have remaining lease terms of two to six years. The Company excludes options that are not reasonably certain to be exercised from our lease terms, ranging from one to five years. The Company's lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms, with all other lease payments consisting of variable lease costs. For certain leases, the Company receives incentives from its landlords, such as rent abatements, which effectively reduce the total lease payments owed for these leases.
The Company did not have any financing lease arrangements as of March 31, 2026 and December 31, 2025.
The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of March 31, 2026 and December 31, 2025:
March 31,December 31,
(In thousands)20262025
Weighted average discount rate - operating leases6.4%6.4%
Weighted average remaining lease term in years - operating leases5.05.2
The components of lease expense for the three months ended March 31, 2026 and 2025 were as follows:
Three Months Ended
March 31,
(In thousands)20262025
Operating lease costs$546 $611 
Short-term lease costs23 11 
Total operating lease costs569 622 
 
Variable lease costs420 296 
Total lease costs$989 $918 
Maturities of the Company's lease liabilities as of March 31, 2026 were as follows:
(In thousands)Operating
Leases
2026 (9 months remaining)$2,229 
20272,843 
20282,642 
20292,724 
20302,551 
Thereafter1,394 
Total lease payments14,383 
Less: interest(2,025)
Total present value of lease liabilities$12,358 
Leases Leases
The Company has various operating lease agreements for office space, warehouses, manufacturing, production locations, and other equipment. The Company's real estate leases had original lease terms of three to eleven years and have remaining lease terms of two to six years. The Company excludes options that are not reasonably certain to be exercised from our lease terms, ranging from one to five years. The Company's lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms, with all other lease payments consisting of variable lease costs. For certain leases, the Company receives incentives from its landlords, such as rent abatements, which effectively reduce the total lease payments owed for these leases.
The Company did not have any financing lease arrangements as of March 31, 2026 and December 31, 2025.
The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of March 31, 2026 and December 31, 2025:
March 31,December 31,
(In thousands)20262025
Weighted average discount rate - operating leases6.4%6.4%
Weighted average remaining lease term in years - operating leases5.05.2
The components of lease expense for the three months ended March 31, 2026 and 2025 were as follows:
Three Months Ended
March 31,
(In thousands)20262025
Operating lease costs$546 $611 
Short-term lease costs23 11 
Total operating lease costs569 622 
 
Variable lease costs420 296 
Total lease costs$989 $918 
Maturities of the Company's lease liabilities as of March 31, 2026 were as follows:
(In thousands)Operating
Leases
2026 (9 months remaining)$2,229 
20272,843 
20282,642 
20292,724 
20302,551 
Thereafter1,394 
Total lease payments14,383 
Less: interest(2,025)
Total present value of lease liabilities$12,358