Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is summarized as follows:

 

Operating leases

 

Balance Sheet Location

 

September 30, 2026

 

 

December 31, 2025

 

ROU assets, net

 

 Right-of-use assets

 

$

10,684

 

 

$

13,736

 

Lease liabilities, short-term

 

Other current liabilities

 

$

4,122

 

 

$

4,701

 

Lease liabilities, long-term

 

 Lease liability

 

$

9,886

 

 

$

14,243

 
Summary of Components of Lease Expense

The following table presents the components of lease expense during the three and nine months ended September 30, 2026 and 2025:

 

 

 

Three months ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease costs

 

$

1,270

 

 

$

1,594

 

 

$

3,868

 

 

$

5,275

 

Variable lease costs

 

 

209

 

 

 

216

 

 

 

480

 

 

 

674

 

Total

 

$

1,479

 

 

$

1,810

 

 

$

4,348

 

 

$

5,949

 

 
Schedule of Supplemental Cash Flow Information Related to Operating Leases

The following table presents the supplemental cash flow information related to operating leases during the three and nine months ended September 30, 2026 and 2025:

 

 

 

Three months ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

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

 

$

1,273

 

 

$

1,289

 

 

$

3,826

 

 

$

4,377

 

Lease liabilities arising from new ROU assets

 

$

—

 

 

$

238

 

 

$

—

 

 

$

1,612

 
Schedule of Other Information Related to Leases

The following table presents other information related to leases:

 

 

 

September 30, 2026

 

 

December 31, 2025

 

Weighted average remaining lease term (years)

 

 

4.4

 

 

 

4.6

 

Weighted average discount rate

 

 

8.8

%

 

 

9.0

%
Schedule of Future Minimum Lease Payments and Sublease Payments

Maturities of lease liabilities and sublease income as of September 30, 2026 are summarized as follows:

 

 

 

Lease Liabilities

 

 

Sublease Income

 

 

Remainder of 2026

 

$

1,396

 

 

$

150

 

 

2027

 

 

4,461

 

 

 

365

 

 

2028

 

 

2,745

 

 

 

376

 

 

2029

 

 

2,585

 

 

 

388

 

 

2030

 

 

2,390

 

 

 

1,091

 

 

Thereafter

 

 

3,472

 

 

 

—

 

 

Total future lease payments

 

 

17,049

 

 

 

2,370

 

 

Less: imputed interest

 

 

3,041

 

 

 

—

 

 

Total

 

$

14,008

 

 

$

2,370