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Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Operating and Finance Lease Right-of-Use Asset, Short-term Lease Liabilities, and Long-term Lease Liabilities

The operating and finance lease right-of-use asset, or ROU asset, short-term lease liabilities, and long-term lease liabilities as of June 30, 2026, and December 31, 2025, were as follows:

 

June 30, 2026

 

 

December 31, 2025

 

 

(in thousands)

 

Operating lease ROU asset, net

$

7,198

 

 

$

4,961

 

Operating lease liabilities, short term

$

1,855

 

 

$

1,462

 

Operating lease liabilities, long term

$

5,609

 

 

$

3,781

 

Finance lease ROU asset, net

$

169

 

 

$

339

 

Finance lease liabilities, short term

$

181

 

 

$

360

 

Finance lease liabilities, long term

$

—

 

 

$

—

 

 
Schedule of Operating and Finance Lease Expense

The following was operating and finance lease expense:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

(in thousands)

 

Operating lease cost

$

654

 

 

$

446

 

 

$

1,139

 

 

$

881

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

 

 

Amortization of ROU assets

 

85

 

 

 

85

 

 

 

169

 

 

 

217

 

Interest on lease liabilities

 

2

 

 

 

5

 

 

 

5

 

 

 

11

 

Short-term lease cost

 

535

 

 

 

396

 

 

 

1,021

 

 

 

957

 

Total lease cost

$

1,276

 

 

$

932

 

 

$

2,334

 

 

$

2,066

 
Schedule of Supplemental Information Related to Leases

Supplemental information related to leases was the following:

 

June 30, 2026

 

Weighted-average remaining lease term, operating leases

5.32 years

 

Weighted-average discount rate, operating leases

 

6.11

%

Weighted-average remaining lease term, finance lease

0.5 years

 

Weighted-average discount rate, finance lease

 

3.21

%
Schedule of Maturity Analysis of Operating and Finance Lease Liabilities using Undiscounted Cash Flows on an Annual Basis

The following is a maturity analysis of operating and finance lease liabilities using undiscounted cash flows on an annual basis with renewal periods included:

 

Operating Leases

 

 

Finance Lease

 

 

(in thousands)

 

Year ending December 31,

 

 

 

 

 

2026 (remaining 6 months)

 

1,190

 

 

 

183

 

2027

 

1,945

 

 

 

—

 

2028

 

1,235

 

 

 

—

 

2029

 

1,071

 

 

 

—

 

2030

 

1,079

 

 

 

—

 

2031

 

1,089

 

 

 

—

 

Thereafter

 

1,272

 

 

 

—

 

Total lease payments

 

8,881

 

 

 

183

 

Less imputed interest

 

(1,417

)

 

 

(2

)

Total

$

7,464

 

 

$

181