Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Leases

v3.25.4
Leases
 12 Months Ended
Dec. 31, 2025
Disclosure Text Block [Abstract]  
Leases Note 16. Leases
The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease cost for the years ended December 31, 2025, 2024 and 2023, were as follows:
December 31,
2025 2024 2023
(U.S. $ in thousands)
Operating lease cost:
Fixed payments and variable payments that depend on an index or rate $ 8,615  $ 8,444  $ 10,090 
Total operating lease cost $ 8,615  $ 8,444  $ 10,090 
Cash flow and other information related to operating leases were as follows:
December 31,
2025 2024 2023
(U.S. $ in thousands)
Cash paid for amounts included in the measurement of lease liabilities $ 7,936  $ 7,272  $ 8,885 
Right-of-use assets obtained in exchange for new operating lease liabilities $ 2,936  $ 20,808  $ 7,142 
December 31,
2025 2024 2023
(U.S. $ in thousands)
Weighted-average remaining lease term — operating leases 12.27 years 11.80 years 4.73 years
Weighted-average discount rate — operating leases 5.92% 5.56% 4.47%
Maturities of operating lease liabilities were as follows:
December 31,
2025
(U.S. $ in thousands)
2026 $ 6,756 
2027 4,575 
2028 3,122 
2029 2,311 
2030 / and thereafter 24,515 
Total operating lease payments 41,279 
Less: imputed interest (14,779)
Present value of lease liabilities
 $ 26,500