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Equipment for Lease, Net
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Equipment for Lease, Net Equipment for Lease, Net
Equipment for lease, net consisted of the following:
Weighted Average
Depreciation Period
(in years)
September 30, 2025
Gross Carrying ValueAccumulated DepreciationNet Carrying Value
Equipment under lease4$303.2 $(117.4)$185.8 
Equipment held for lease (a)N/A22.9 — 22.9 
Total equipment for lease, net$326.1 $(117.4)$208.7 
Weighted Average
Depreciation Period
(in years)
December 31, 2024
Gross Carrying ValueAccumulated DepreciationNet Carrying Value
Equipment under lease4$243.6 $(93.0)$150.6 
Equipment held for lease (a)N/A14.5 — 14.5 
Total equipment for lease, net$258.1 $(93.0)$165.1 
(a) Represents equipment that was not yet initially deployed to a merchant and, accordingly, is not being depreciated.
In addition to equipment for lease, the Company had $6.4 million and $8.9 million of inventory as of September 30, 2025 and December 31, 2024, respectively. Inventory represents hardware devices to be sold.