XML 104 R17.htm IDEA: XBRL DOCUMENT
v3.26.1

Leases | 3 Months Ended
--- | ---
Mar. 31, 2026
Leases |
Leases | 9.Leases The Company enters into leases as a lessee for data centers, office space, and technology equipment. Lease expense associated with these arrangements are included in other selling, general and administrative expenses in the Company’s combined and condensed consolidated statements of operations. The components of lease expense for the three months ended March 31, 2026 and 2025, are presented as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Three Months Ended March 31,
​ | ​ ​ ​ | 2026 | ​ ​ ​ | 2025
Operating lease costs | ​ | $ | 289 | ​ | $ | 537
Total lease costs | ​ | $ | 289 | ​ | $ | 537
​ The following table provides supplemental combined and condensed consolidated balance sheet information related to leases as of March 31, 2026, and December 31, 2025 (in thousands, except lease term and discount rate):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | As of March 31, | ​ | As of December 31, | ​
​ | ​ ​ ​ | Classification | ​ ​ ​ | 2026 | ​ ​ ​ | 2025 | ​ ​ ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease right-of-use assets | ​ | Other assets | ​ | $ | 3,458 | ​ | $ | 3,658 | ​
Total lease right-of-use assets | ​ | ​ | ​ | $ | 3,458 | ​ | $ | 3,658 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease liabilities | ​ | Other liabilities | ​ | $ | 3,891 | ​ | $ | 4,179 | ​
Total lease liabilities | ​ | ​ | ​ | $ | 3,891 | ​ | $ | 4,179 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average remaining lease term (in years) | ​ | ​ | ​ | ​ | 4.7 | ​ | ​ | 4.8 | ​
Weighted-average discount rate | ​ | ​ | ​ | ​ | 7.3 | % | ​ | 7.6 | %
​ Minimum future payments on non-cancellable operating leases as of March 31, 2026, are summarized as follows (in thousands):
​ | ​ | ​ | ​
​ | ​ ​ ​ | Operating Leases
2026 | ​ | $ | 889
2027 | ​ | ​ | 1,129
2028 | ​ | ​ | 763
2029 | ​ | ​ | 570
2030 | ​ | ​ | 541
Thereafter | ​ | ​ | 796
Total undiscounted lease payments | ​ | ​ | 4,688
Less: imputed interest | ​ | ​ | (797)
Lease obligations under operating leases | ​ | $ | 3,891
​

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration