The Company has finance leases primarily for railcars and production equipment. The railcars primarily have a remaining lease term of three to seven years with annual renewal options thereafter. The production equipment has a weighted average remaining lease term of four years. The Company has operating leases primarily for offices and other facilities which have remaining terms of one to four years.

The components of lease expense for the years ended December 31, 2025, 2024 and 2023 were as follows:


	For the Year Ended December 31,
	2025		2024		2023
Lease cost:
Operating lease cost	$	5,710	$	5,993	$	7,439
Finance lease cost:
Amortization of right-of-use assets		10,278		8,808		7,296
Interest on lease liabilities		1,713		1,560		1,365
Total lease cost	$	17,701	$	16,361	$	16,100

Supplemental cash flow information related to leases for the years ended December 31, 2025, 2024 and 2023 was as follows:


	For the Year Ended December 31,
	2025		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow payments for operating leases	$	5,710	$	5,993	$	7,439
Operating cash flow payments for finance leases	$	1,713	$	1,560	$	1,365
Financing cash flow payments for finance leases	$	13,181	$	8,918	$	7,785

Other information related to leases was as follows:


	December 31,
	2025			2024			2023
Weighted average remaining lease term:
Operating leases	2 years			3 years			4 years
Finance leases	5 years			6 years			7 years
Weighted average discount rate:
Operating leases		5	%		6	%		5	%
Finance leases		3	%		3	%		3	%

The discount rate used to calculate the present value of the minimum lease payments is the incremental borrowing rate that the subsidiary entering into the lease would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment.

Supplemental balance sheet information related to leases as of December 31, 2025 and December 31, 2024 was as follows:


	December 31,
	2025			2024
Operating Leases
Operating lease right-of-use assets	$	6,818		$	7,598

Operating lease right-of-use assets held for sale	$	—		$	4,894

Other current liabilities	$	3,097		$	2,874
Operating lease liabilities		3,858			4,793
Total operating lease liabilities	$	6,955		$	7,667

Operating lease liabilities associated with assets held for sale	$	—		$	4,775

Finance Leases
Property and equipment, gross	$	111,155		$	88,557
Accumulated depreciation		(53,964	)		(41,219	)
Property and equipment, net	$	57,191		$	47,338

Other current liabilities	$	13,664		$	9,415
Long-term debt		41,209			38,799
Total finance lease liabilities	$	54,873		$	48,214

Maturities of operating lease liabilities as of December 31, 2025 were as follows:


	Operating Leases
2026	$	3,728
2027		2,012
2028		1,045
2029		552
Total lease payments		7,337
Less: imputed interest		(382	)
Total lease liability	$	6,955