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Leases | 9 Months Ended
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Sep. 30, 2025
Leases [Abstract] |
Leases | Leases As of September 30, 2025, we leased office space, data centers and office equipment under non-cancelable operating leases with various expiration dates through 2034. In August 2014, we signed a lease for office space in Tysons, Virginia where we relocated our corporate headquarters to in February 2016. We have subsequently entered into amendments to this lease to provide us with additional office space as well as tenant improvement allowances. In August 2024, we entered into an amendment to the lease for our corporate headquarters, which extends the term of our existing leased office space to 2034 and includes two successive five-year renewal options. Additionally, the amendment provides for additional office space, parking spaces and tenant improvement allowances. Supplemental information related to leases is presented in the table below (in thousands, except weighted-average term and discount rate):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Operating lease cost | $ | 3,828 |  |  | $ | 3,472 |  |  | $ | 11,657 |  |  | $ | 9,425 |
Cash paid for amounts included in the measurement of operating lease liabilities | 3,491 |  |  | 2,420 |  |  | 9,884 |  |  | 9,171 |
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities | 4,274 |  |  | 34,434 |  |  | 8,674 |  |  | 37,349 |
| September 30, 2025 |  | December 31, 2024 |  |  |  |
Weighted-average remaining lease term — operating leases | 7.3 years |  | 7.8 years |  |  |  |
Weighted-average discount rate — operating leases | 8.1 | % |  | 8.2 | % |  |  |  |
Maturities of lease liabilities are as follows (in thousands):
Year Ended December 31, |  | Operating Leases(1)
Remainder of 2025 |  | $ | 4,057 |
2026 |  | 14,344 |
2027 |  | 14,810 |
2028 |  | 13,865 |
2029 |  | 12,279 |
2030 and thereafter |  | 48,618 |
Total lease payments |  | 107,973 |
Less: imputed interest(2) |  | 28,706 |
Present value of lease liabilities |  | $ | 79,267 |
_______________ (1)Operating lease payments exclude $4.4 million of legally binding minimum lease payments for leases executed but not yet commenced. There are no options to extend lease terms that were reasonably certain of being exercised included in these balances. (2)Imputed interest was calculated using the incremental borrowing rate applicable for each lease. Our finance leases and subleases were not material to the condensed consolidated financial statements as of September 30, 2025. We did not have any finance leases or subleases as of December 31, 2024. Our lease agreements do not contain any material residual value guarantees, restrictive covenants or variable lease payments. Short-term lease costs were immaterial for the three and nine months ended September 30, 2025 and 2024.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating 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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