Jefferson Capital, Inc. / DE
For the period ended Mar 31, 2026. Filed May 14, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
9. Leases
The Company enters into leases as a lessee for data centers, office space, and technology equipment. Lease expense associated with these arrangements are included in other selling, general and administrative expenses in the Company’s combined and condensed consolidated statements of operations.
The components of lease expense for the three months ended March 31, 2026 and 2025, are presented as follows (in thousands):
| · · · · · · | ||||
|---|---|---|---|---|
| · · For the Three Months Ended March 31, | ||||
| | | 2026 | | 2025 |
| Operating lease costs | | $289 | | $537 |
| Total lease costs | | $289 | | $537 |
The following table provides supplemental combined and condensed consolidated balance sheet information related to leases as of March 31, 2026, and December 31, 2025 (in thousands, except lease term and discount rate):
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · · · As of March 31, · · As of December 31, · | |||||||||
| · · Classification · · 2026 · · 2025 · | |||||||||
| Assets | | | | | | | | | |
| Operating lease right-of-use assets | | Other assets | | $3,458 | | $3,658 | | ||
| Total lease right-of-use assets | | | | $3,458 | | $3,658 | | ||
| | | | | | | | | | |
| Liabilities | | | | | | | | | |
| Operating lease liabilities | | Other liabilities | | $3,891 | | $4,179 | | ||
| Total lease liabilities | | | | $3,891 | | $4,179 | | ||
| | | | | | | | | | |
| Weighted-average remaining lease term (in years) | | | | | 4.7 | | | 4.8 | |
| Weighted-average discount rate | | | | | 7.3% | | 7.6% | ||
Minimum future payments on non-cancellable operating leases as of March 31, 2026, are summarized as follows (in thousands):
| | | | |
|---|---|---|---|
| · · Operating Leases | |||
| 2026 | | $889 | |
| 2027 | | | 1,129 |
| 2028 | | | 763 |
| 2029 | | | 570 |
| 2030 | | | 541 |
| Thereafter | | | 796 |
| Total undiscounted lease payments | | | 4,688 |
| Less: imputed interest | | | (797) |
| Lease obligations under operating leases | | $3,891 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.