Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

v3.26.3
LEASES (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Operating Lease Liability
Future amounts due under operating lease liabilities as of September 30, 2026 were as follows (in thousands):
Remaining 2026 $ 3,056 
2027 12,817 
2028 7,066 
2029 1,101 
2030 1,136 
Thereafter 1,071 
Total lease payments $ 26,247 
Less: imputed interest (1,823)
Total $ 24,424 
Schedule of Lease Cost
Lease costs incurred consisted of the following (in thousands):
Three Months Ended September 30, 2026 Three Months Ended September 30, 2025
Operating lease cost $ 3,012  $ 209 
Variable lease cost —  — 
Short-term lease cost 8,122  6,736 
Total lease cost(1)
$ 11,134  $ 6,945 

Nine Months Ended September 30, 2026 Nine Months Ended September 30, 2025
Operating lease cost $ 3,430  $ 1,844 
Variable lease cost —  — 
Short-term lease cost 28,999  23,118 
Total lease cost(1)
$ 32,429  $ 24,962 
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(1)    The majority of the Company's total lease cost was capitalized to the full cost pool, and the remainder was included in either lease operating expenses or general and administrative expenses in the accompanying consolidated statements of operations.