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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Cost

The following tables provide additional information related to our leases, including: (i) the components of our total lease cost; (ii) the cash flows arising from our lease transactions; (iii) supplemental balance sheet information; (iv) the weighted-average remaining lease term; (v) the weighted-average discount rate used for our leases; and (vi) the remaining maturities of our lease liabilities, as of and for the periods indicated.

 

Total lease cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

(In thousands)

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Operating lease cost

 

$

2,880

 

 

$

3,343

 

Short-term lease cost

 

 

11

 

 

 

 

Sublease income

 

 

(920

)

 

 

(826

)

Total lease cost

 

$

1,971

 

 

$

2,517

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

(6,961

)

 

$

(7,997

)

Schedule of Operating Leases

Operating leases

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

($ in thousands)

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Operating leases

 

 

 

 

 

 

Operating lease right-of-use assets (1)

 

$

8,996

 

 

$

11,613

 

Operating lease liabilities (2)

 

 

22,120

 

 

 

29,761

 

Weighted-average remaining lease term - operating leases (in years)

 

6.6 years

 

 

7.5 years

 

Weighted-average discount rate - operating leases

 

 

7.2

%

 

 

7.2

%

Remaining maturities of lease liabilities for future years is as follows:

 

 

 

 

 

 

2026

 

$

6,989

 

 

 

 

2027

 

 

6,859

 

 

 

 

2028

 

 

7,000

 

 

 

 

2029

 

 

7,142

 

 

 

 

2030

 

 

7,286

 

 

 

 

2031 and thereafter

 

 

12,539

 

 

 

 

Total lease payments

 

 

47,815

 

 

 

 

Less: Imputed interest

 

 

(25,695

)

 

 

 

Present value of lease liabilities (2)

 

$

22,120

 

 

 

 

 

(1)
Classified in other assets in our consolidated balance sheets.
(2)
Classified in other liabilities in our consolidated balance sheets.