Leases (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Leases [Abstract] |
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| Schedule of Operating and Finance Lease Amounts from Continuing Operations |
Operating and finance lease amounts from continuing operations are as follows (in thousands):
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Year Ended December 31, |
| Classification |
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Financial Statement Line Item |
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2025 |
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2024 |
| Operating lease assets |
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Right-of-use assets, operating leases |
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$ |
9,368 |
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$ |
28,140 |
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| Finance lease assets |
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Property, plant and equipment, net |
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1,060 |
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1,227 |
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| Current liabilities |
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Current portion of lease liabilities, operating leases |
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712 |
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1,495 |
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| Current liabilities |
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Current portion of lease liabilities, finance leases |
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331 |
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293 |
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| Non-current liabilities |
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Non-current portion of lease liabilities, operating leases |
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11,496 |
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29,972 |
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| Non-current liabilities |
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Non-current portion of lease liabilities, finance leases |
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$ |
808 |
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$ |
1,015 |
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| Schedule of Components of Total Leases Costs Incurred and Weighted Average Discount Rate and Remaining Lease Term |
Individual components of the total lease cost incurred by the Company are as follows:
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Year Ended December 31, |
| (in thousands) |
2025 |
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2024 |
Operating lease cost1
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$ |
2,423 |
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$ |
3,924 |
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| Finance lease cost: |
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| Reduction in carrying amount of right-of-use assets |
226 |
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311 |
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| Interest on finance lease liabilities |
53 |
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85 |
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| Sublease income |
(552) |
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(419) |
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| Total lease cost |
$ |
2,150 |
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$ |
3,901 |
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1Includes short term leases, which are immaterial
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Year Ended December 31, |
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2025 |
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2024 |
| Weighted-average discount rate |
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| Operating leases |
7.18 |
% |
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7.15 |
% |
| Finance leases |
5.94 |
% |
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5.75 |
% |
| Weighted-average remaining lease term |
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| Operating leases |
10.50 years |
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11.59 years |
| Finance leases |
3.23 years |
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4.03 years |
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| Schedule of Amounts of Undiscounted Future Minimum Lease Payments Under Operating Leases |
The amounts of undiscounted future minimum lease payments under leases as of December 31, 2025 are as follows:
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| (in thousands) |
Operating |
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Finance |
| 2026 |
$ |
1,557 |
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$ |
387 |
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| 2027 |
1,589 |
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387 |
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| 2028 |
1,622 |
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387 |
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| 2029 |
1,655 |
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86 |
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| 2030 |
1,589 |
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65 |
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| Thereafter |
9,566 |
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— |
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| Total undiscounted minimum future lease payments |
17,578 |
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1,312 |
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| Imputed Interest |
(5,370) |
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(174) |
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| Total lease liabilities |
$ |
12,208 |
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$ |
1,138 |
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| Schedule of Amounts of Undiscounted Future Minimum Lease Payments Under Finance Leases |
The amounts of undiscounted future minimum lease payments under leases as of December 31, 2025 are as follows:
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| (in thousands) |
Operating |
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Finance |
| 2026 |
$ |
1,557 |
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$ |
387 |
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| 2027 |
1,589 |
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387 |
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| 2028 |
1,622 |
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387 |
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| 2029 |
1,655 |
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86 |
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| 2030 |
1,589 |
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65 |
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| Thereafter |
9,566 |
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— |
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| Total undiscounted minimum future lease payments |
17,578 |
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1,312 |
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| Imputed Interest |
(5,370) |
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(174) |
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| Total lease liabilities |
$ |
12,208 |
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$ |
1,138 |
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| Schedule of Future Expected Cash Receipts |
Future expected cash receipts from the Company's subleases as of December 31, 2025 are as follows:
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| (in thousands) |
Sublease Receipts |
| 2026 |
$ |
594 |
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| 2027 |
606 |
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| 2028 |
618 |
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| 2029 |
631 |
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| 2030 |
643 |
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| Thereafter |
3,954 |
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| Total sublease receipts |
$ |
7,046 |
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