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Leases | 6 Months Ended
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Jun. 30, 2026
Leases [Abstract] |
Leases |
6. | Leases
As of June 30, 2026, the weighted-average remaining lease term was 6.1 and 3.4 years for operating and finance leases, respectively. As of June 30, 2026, the weighted-average discount rate was 3.7% and 6.6% for operating and finance leases, respectively. The components of lease expense were as follows (U.S. dollars in thousands):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Operating lease expense |  |  |  |  |  |  |  |  |  |  |  |
Operating lease cost |  | $ | 5,552 |  |  | $ | 5,956 |  |  | $ | 11,374 |  |  | $ | 11,872 |
Variable lease cost |  |  | 881 |  |  |  | 1,273 |  |  |  | 1,744 |  |  |  | 2,234 |
Finance lease expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  |  | 499 |  |  |  | 551 |  |  |  | 1,011 |  |  |  | 1,081 |
Interest on lease liabilities |  |  | 123 |  |  |  | 165 |  |  |  | 256 |  |  |  | 333 |
Total lease expense |  | $ | 7,055 |  |  | $ | 7,945 |  |  | $ | 14,385 |  |  | $ | 15,520 |
Supplemental cash flow information related to leases was as follows (U.S. dollars in thousands):
|  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |
Operating cash outflow from operating leases |  | $ | 11,204 |  |  | $ | 11,956 |
Operating cash outflow from finance leases |  | $ | 244 |  |  | $ | 351 |
Financing cash outflow from finance leases |  | $ | 978 |  |  | $ | 1,120 |
Right-of-use assets obtained in exchange for operating lease obligations |  | $ | 2,850 |  |  | $ | 15,201 |
Right-of-use assets obtained in exchange for finance lease obligations |  | $ | 38 |  |  | $ | 47 |
Maturities of lease liabilities were as follows (U.S. dollars in thousands):
Year Ending December 31, |  | Operating Leases |  |  | Finance Leases |
2026 |  | $ | 10,548 |  |  | $ | 1,183 |
2027 |  |  | 16,662 |  |  |  | 2,346 |
2028 |  |  | 12,420 |  |  |  | 2,310 |
2029 |  |  | 10,328 |  |  |  | 1,879 |
2030 |  |  | 5,424 |  |  |  | 9 |
Thereafter |  |  | 19,277 |  |  |  | - |
Total |  |  | 74,659 |  |  |  | 7,727 |
Less: Finance Charges |  |  | 7,153 |  |  |  | 801 |
Total Principal Liability |  | $ | 67,506 |  |  | $ | 6,926 |
The Company has additional lease liabilities of $37.6 million which have not yet commenced as of June 30, 2026, and as such, have not been recognized on the consolidated balance sheets.

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- 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
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