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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Weighted-Average Remaining Lease Term and Discount Rate and Lease, Cost
Weighted-average remaining lease term (in years) and discount rate related to operating and finance leases were as follows:
As of December 31, 2025
Operating Leases
Finance Lease
Weighted-average remaining lease term17.6010.25
Weighted-average discount rate8.4 %8.6 %
A summary of lease costs for 2025, 2024 and 2023 were as follows:
Year Ended
December 31,
202520242023
Operating Lease:
Lease costCost of goods sold and selling, general and administrative$5,652 $1,591 $1,752 
Finance Lease:
Amortization of right of use assetCost of goods sold and selling, general and administrative$3,117 $2,812 $1,459 
Interest on lease liabilitiesInterest expense$2,533 $2,244 $1,235 
Variable lease cost (a)
Inventory/Cost of goods sold (1)
$22,023 $13,972 $6,733 
(1) Variable lease cost primarily consists of the procurement and manufacturing costs capitalized to inventory. For the year ended 2025, 2024 and 2023, $22,023 $13,972 and $6,733 of variable lease costs, respectively, were capitalized to inventory and will be captured as part of cost of goods sold as the inventory turns.
Summary of Maturities of Operating Lease Liabilities
Maturities of lease liabilities under noncancelable operating leases and finance lease as of December 31, 2025 were as follows:
As of December 31, 2025
Operating Leases
Finance Lease
2026$7,808 $4,791 
20277,164 4,810 
20286,461 4,831 
20296,537 4,852 
2030 and beyond108,423 27,379 
Total lease payments$136,393 $46,663 
Less: Imputed interest(69,129)(16,273)
Present value of lease liabilities$67,264 $30,390 
Summary of Maturities of Finance Lease Liabilities
Maturities of lease liabilities under noncancelable operating leases and finance lease as of December 31, 2025 were as follows:
As of December 31, 2025
Operating Leases
Finance Lease
2026$7,808 $4,791 
20277,164 4,810 
20286,461 4,831 
20296,537 4,852 
2030 and beyond108,423 27,379 
Total lease payments$136,393 $46,663 
Less: Imputed interest(69,129)(16,273)
Present value of lease liabilities$67,264 $30,390 
Summary of Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases as of December 31, 2025 and December 31, 2024 are as follows:
As of December 31, 2025As of December 31, 2024
Assets:
Operating leasesOperating lease right of use assets$66,424 $3,366 
Finance lease, netProperty, plant and equipment, net28,323 24,206 
Total lease assets$94,747 $27,572 
Liabilities:
Current:
Operating lease liabilitiesCurrent operating lease liabilities$2,241 $1,322 
Finance lease liabilitiesCurrent finance lease liabilities2,315 2,120 
Non-current:
Operating lease liabilitiesLong term operating lease liabilities65,023 2,213 
Finance lease liabilitiesLong term finance lease liabilities28,075 23,273 
Total lease liabilities$97,654 $28,928 
Schedule of Supplemental Cash Flow Information
The amounts of cash taxes paid by the Company are as follows:
Year Ended
December 31,
202520242023
Federal$— $— $— 
State (2)
910 193 308 
Foreign— — — 
Income taxes, net of amounts refunded$910 $193 $308 
(2) The individual jurisdictions with cash taxes paid that equaled or exceeded 5% of total income taxes paid included California ($530), Pennsylvania ($125), Texas ($123) and Illinois ($75) for 2025. For 2024, such jurisdictions included Massachusetts ($30), New York ($45), North Carolina ($30), Oregon ($30), South Carolina ($15) and Tennessee ($15). For 2023, such jurisdictions included Massachusetts ($40), New York ($57), North Carolina ($79), South Carolina ($25), Tennessee ($25) and Texas ($25).
Supplemental cash flow information and non-cash activity relating to operating and finance leases are as follows:
Year Ended
December 31,
Operating cash flow information:202520242023
Cash paid for amounts included in the measurement of operating lease liabilities$4,982 $1,645 $1,802 
Cash paid for amounts included in the measurement of finance lease liabilities (i.e. interest)$2,101 $2,244 $1,235 
Finance cash flow information:
Cash paid for amounts included in the measurement of finance lease liabilities (i.e. principal payment)$2,120 $1,977 $1,109