XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.3
Property and Equipment
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Major classes of property and equipment were as follows:
September 30, 2025December 31, 2024
(in thousands)
Computer equipment and network hardware
$218,951 $184,155 
Furniture, fixtures, and office equipment
2,961 3,486 
Leasehold improvements
1,110 2,576 
Purchased software
1,108 1,123 
Gross property and equipment
224,130 191,340 
Accumulated depreciation
(127,087)(122,610)
Property and equipment, net
$97,043 $68,730 
Depreciation expense related to property and equipment totaled $6.5 million and $4.0 million for the three months ended September 30, 2025 and 2024, respectively, and $17.4 million and $10.9 million for the nine months ended September 30, 2025 and 2024, respectively.
The Company's property and equipment, net by geographical region was as follows:
September 30, 2025December 31, 2024
(in thousands)
United States
$82,596 $51,708 
International
14,447 17,022 
Total
$97,043 $68,730