Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Costs

Leases consist of the following (in thousands):

  

        December 31,  
    Classification   2025     2024  
Assets Operating   Right of use operating lease assets, net   $ 16,931     $ 20,553  
Liabilities Operating - Current   Current portion, operating leases   $ 4,958     $ 4,851  
Operating - Noncurrent   Operating leases, net of current portion   $ 13,012     $ 16,913  
Schedule of Components of Lease Costs

The Components of lease costs were as follows (in thousands):

 

    Years Ended December 31,  
    2025     2024     2023  
                   
Fixed lease cost   $ 6,589     $ 5,989     $ 5,722  
Variable lease cost     109       529       871  
Total lease cost   $ 6,698     $ 6,518     $ 6,593  
Schedule of Operating Lease Liabilities

The following table summarizes the remaining maturities of the Company’s operating lease liabilities, assuming all land lease extensions are taken, as of December 31, 2025 (in thousands):

 

Year Ended:   Equipment     Land Related  
2026   $ 5,200     $ 1,037  
2027     4,596       1,011  
2028     3,618       1,024  
2029     2,047       660  
2030     173       107  
2031-76    
      3,773  
Less imputed interest     (2,180 )     (3,096 )
Total present value of lease liabilities   $ 13,454     $ 4,516