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v3.26.1

Leases (Tables) | 6 Months Ended
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Jun. 30, 2026
Leases [Abstract] |
Assets and Liabilities | Total right-of-use (“ROU”) assets and lease liabilities are as follows:
|  | June 30, |  |  | December 31, |
|  | 2026 |  |  | 2025 |
|  | (In thousands) |
Right-of-use assets: |  |  |  |  |  |
Net book value (Other assets) |  | $ | 20,921 |  |  | $ | 7,633 |
Operating lease liabilities: |  |  |  |  |  |
Current (Accrued expenses and other current liabilities) |  | $ | — |  |  | $ | 1,917 |
Noncurrent (Other noncurrent liabilities) |  |  | 22,428 |  |  |  | 6,970 |
Total operating lease liabilities |  |  | 22,428 |  |  |  | 8,887 |
Financing lease liabilities: |  |  |  |  |  |
Current (Accrued expenses and other current liabilities) |  | $ | 107 |  |  | $ | 182 |
Noncurrent (Other noncurrent liabilities) |  |  | 110 |  |  |  | 145 |
Total financing lease liabilities |  | $ | 217 |  |  | $ | 327 |
Total lease liabilities |  | $ | 22,645 |  |  | $ | 9,214 |
Lease-Related Balances | Information about lease-related balances were as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
|  | (In thousands, except years and percentages) |
Operating lease expense |  | $ | 864 |  |  | $ | 578 |  |  | $ | 1,539 |  |  | $ | 1,156 |
Financing lease expense |  |  | 56 |  |  |  | 40 |  |  |  | 113 |  |  |  | 80 |
Short-term lease expense |  |  | 45 |  |  |  | 45 |  |  |  | 488 |  |  |  | 86 |
Total lease expense |  | $ | 965 |  |  | $ | 663 |  |  | $ | 2,140 |  |  | $ | 1,322 |
Cash paid for leases |  | $ | 740 |  |  | $ | 595 |  |  | $ | 1,480 |  |  | $ | 1,190 |
Information Related to Lease Terms and Discount Rates | 'Other information related to lease terms and discount rates is as follows:
|  | As of June 30, 2026 |  |  | As of December 31, 2025 |
Weighted — average remaining lease term — operating leases (years) |  |  | 14.1 |  |  |  | 6.3 |
Weighted — average discount rate — operating leases |  |  | 9.2 | % |  |  | 9.0 | %
Weighted — average remaining lease term — financing leases (years) |  |  | 2.1 |  |  |  | 2.2 |
Weighted — average discount rate — financing leases |  |  | 4.6 | % |  |  | 5.6 | %
Future Minimum Operating Lease Payments | Maturity of operating lease liabilities as of June 30, 2026 are as follows:
|  | Operating Leases |  |  | Financing Leases |  |  | Total |
Year Ending December 31, |  | (In thousands) |
Remainder of 2026 |  | $ | (874 | ) |  | $ | 75 |  |  | $ | (799 | )
2027 |  |  | 1,864 |  |  |  | 75 |  |  |  | 1,939 |
2028 |  |  | 2,712 |  |  |  | 75 |  |  |  | 2,787 |
2029 |  |  | 2,824 |  |  |  | — |  |  |  | 2,824 |
2030 |  |  | 2,941 |  |  |  | — |  |  |  | 2,941 |
Thereafter |  |  | 35,503 |  |  |  | — |  |  |  | 35,503 |
Total operating lease payments |  | $ | 44,970 |  |  | $ | 225 |  |  | $ | 45,195 |
Less: Portion representing imputed interest |  |  | (22,542 | ) |  |  | (8 | ) |  |  | (22,550 | )
Total operating lease liabilities |  | $ | 22,428 |  |  | $ | 217 |  |  | $ | 22,645 |
Less: Current portion |  |  | — |  |  |  | 107 |  |  |  | 107 |
Long-term portion |  | $ | 22,428 |  |  | $ | 110 |  |  | $ | 22,538 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Assets And Liabilities, Lessee + References No definition available. + Details
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- Definition Schedule of information related to lease terms and discount rates. + References No definition available. + Details
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