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Finance Leases and Equipment Financing Obligations | 6 Months Ended
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Jun. 30, 2026
Leases [Abstract] |
Finance Leases and Equipment Financing Obligations | Finance Leases and Equipment Financing Obligations The Company enters into finance leases and equipment financing obligations for servers and related equipment. The components of finance lease and equipment financing obligations expense were as follows:
| Three Months Ended |  | Six Months Ended |  |
| June 30, |  | June 30, |  |
| 2026 |  | 2025 |  | 2026 |  | 2025 |  |
Finance leases: |  |  |  |  |  |  |  |  |
Amortization of finance lease right-of-use assets | $ | 7,476 |  |  | $ | 1,325 |  |  | $ | 11,938 |  |  | $ | 2,612 |  |  |
Interest expense on finance lease liabilities | 3,536 |  |  | 53 |  |  | 4,796 |  |  | 124 |  |  |
Equipment financing obligations: |  |  |  |  |  |  |  |  |
Depreciation of assets under equipment financing obligations | 6,712 |  |  | — |  |  | 12,347 |  |  | — |  |  |
Interest expense on equipment financing obligations | 2,258 |  |  | — |  |  | 4,323 |  |  | — |  |  |
Total finance lease and equipment financing obligations expense | $ | 19,982 |  |  | $ | 1,378 |  |  | $ | 33,404 |  |  | $ | 2,736 |  |  |
Weighted-average remaining term and discount rate of finance lease liabilities and equipment financing obligations were as follows:
| June 30, 2026 |  | December 31, 2025
Finance Leases |  |  |
Weighted-average remaining term (in years) | 5.9 |  | 0.9
Weighted-average discount rate | 6% |  | 7%
Equipment Financing Obligations |  |  |
Weighted-average remaining term (in years) | 3.9 |  | 3.9
Weighted-average discount rate | 7% |  | 7%
Maturities of finance lease liabilities and equipment financing obligations of June 30, 2026 were as follows:
| Finance Leases |  | Equipment Financing Obligations |  | Total
2027 | $ | 111,639 |  |  | $ | 24,778 |  |  | $ | 136,417 |
2028 | 107,530 |  |  | 50,329 |  |  | 157,859 |
2029 | 107,203 |  |  | 50,329 |  |  | 157,532 |
2030 | 99,616 |  |  | 46,495 |  |  | 146,111 |
2031 | 35,545 |  |  | 12,744 |  |  | 48,289 |
Thereafter | 1,552 |  |  | 6,523 |  |  | 8,075 |
Total undiscounted finance lease liabilities and equipment financing obligations | $ | 463,085 |  |  | $ | 191,198 |  |  | $ | 654,283 |
Less: Imputed interest | (53,251) |  |  | (23,312) |  |  | (76,563) |
Total present value of finance lease liabilities and equipment financing obligations | $ | 409,834 |  |  | $ | 167,886 |  |  | $ | 577,720 |
Less: Finance lease liabilities and equipment financing obligations, current | (89,836) |  |  | (39,941) |  |  | (129,777) |
Finance lease liabilities and equipment financing obligations, long-term | $ | 319,998 |  |  | $ | 127,945 |  |  | $ | 447,943 |
As of June 30, 2026, the Company expects to receive servers and related equipment under finance leases with total estimated undiscounted payments of $281,566 that were not included in the condensed consolidated balance sheets. The leases commenced in July 2026 and have a weighted-average lease term of 4.9 years.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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