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Leases (Tables) | 9 Months Ended
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Sep. 30, 2025
Leases [Abstract] |
Components of Lease Costs | The components of the lease costs for the three and nine months ended September 30, 2025 and 2024, were as follows (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Operating lease costs |  | $ | 2,452 |  |  | $ | 2,493 |  |  | $ | 7,388 |  |  | $ | 7,484 |
Finance lease costs: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right-to-use assets, finance leases |  |  | 440 |  |  |  | 314 |  |  |  | 1,186 |  |  |  | 1,109 |
Interest expense for finance lease liabilities |  |  | 85 |  |  |  | 52 |  |  |  | 237 |  |  |  | 137 |
Variable lease costs |  |  | 1,462 |  |  |  | 1,421 |  |  |  | 4,505 |  |  |  | 4,011 |
Total lease costs |  | $ | 4,439 |  |  | $ | 4,280 |  |  | $ | 13,316 |  |  | $ | 12,741 |
Supplemental Cash Flow Information Relating to Leases | Supplemental cash flow information relating to the Company’s leases for the nine months ended September 30, 2025 and 2024, were as follows (in thousands):
|  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows used in operating leases |  | $ | 9,031 |  |  | $ | 6,570 |
Operating cash flows used in finance leases |  | $ | 1,077 |  |  | $ | 1,010 |
Financing cash flows used in finance leases |  | $ | 237 |  |  | $ | 137 |
Summary of Weighted Average Remaining Lease Terms and Discount Rates | Weighted average remaining lease terms and discount rates as of September 30, 2025 and 2024 were as follows:
|  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |
Remaining lease term: |  |  |  |  |  |
Operating lease |  | 8.84 years |  |  | 9.78 years |
Finance lease |  | 2.35 years |  |  | 2.57 years |
Discount Rate: |  |  |  |  |  |
Operating lease |  |  | 8.70 | % |  |  | 8.72 | %
Finance lease |  |  | 8.78 | % |  |  | 8.58 | %
Summary of Undiscounted Future Lease Payments for Operating and Finance Leases | The undiscounted future lease payments for operating and finance leases as of September 30, 2025, were as follows (in thousands):
Fiscal Year |  | Operating Leases |  |  | Finance Leases |
2025 (fourth quarter) |  | $ | 3,042 |  |  | $ | 491 |
2026 |  |  | 12,436 |  |  |  | 1,885 |
2027 |  |  | 12,809 |  |  |  | 1,180 |
2028 |  |  | 13,193 |  |  |  | 449 |
2029 |  |  | 13,589 |  |  |  | 72 |
Thereafter |  |  | 60,835 |  |  |  | — |
Total minimum lease payments |  | $ | 115,904 |  |  | $ | 4,077 |
Less amounts representing interest or imputed interest |  |  | (35,601 | ) |  |  | (383 | )
Present value of lease liabilities |  | $ | 80,303 |  |  | $ | 3,694 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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