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Balance Sheet Information | 9 Months Ended
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Sep. 30, 2022
Balance Sheet Related Disclosures [Abstract] |
Balance Sheet Information | Balance Sheet Information Property and equipment, net Property and equipment, net consisted of the following:
|  | As of September 30, |  | As of December 31,
|  | 2022 |  | 2021
|  | (in thousands)
Computer and networking equipment |  | $ | 215,102 |  |  | $ | 207,575 |
Leasehold improvements |  | 7,970 |  |  | 4,631 |
Furniture and fixtures |  | 1,599 |  |  | 1,606 |
Office equipment |  | 1,214 |  |  | 654 |
Internal-use software |  | 60,235 |  |  | 40,345 |
Property and equipment, gross |  | $ | 286,120 |  |  | $ | 254,811 |
Accumulated depreciation and amortization |  | (107,040) |  |  | (87,850) |
Property and equipment, net |  | $ | 179,080 |  |  | $ | 166,961 |
Depreciation on property and equipment for the three months ended September 30, 2022 and 2021 was approximately $10.7 million and $7.4 million, respectively. Included in these amounts was amortization expense for capitalized internal-use software costs of approximately $2.4 million and $1.3 million for the three months ended September 30, 2022 and 2021, respectively. Depreciation on property and equipment for the nine months ended September 30, 2022 and 2021 was approximately $31.2 million and $20.7 million, respectively. Included in these amounts was amortization expense for capitalized internal-use software costs of approximately $6.0 million and $3.2 million for the nine months ended September 30, 2022 and 2021, respectively. The Company also recorded out-of-period adjustments in the quarter ended September 30, 2021 to correct and capitalize certain internal-use software costs that were previously expensed of $5.1 million, of which $2.4 million and $2.7 million related to the quarterly periods ended March 31, 2021 and June 30, 2021, respectively. As of September 30, 2022 and December 31, 2021, the unamortized balance of capitalized internal-use software costs on the Company's Condensed Consolidated Balance Sheets was approximately $41.8 million and $27.9 million, respectively. The Company leases certain networking equipment from various third parties through equipment finance leases. The Company's networking equipment assets as of September 30, 2022 and December 31, 2021, included a total of $87.2 million and $67.8 million acquired under finance lease agreements, respectively. These leases are capitalized in property and equipment, and the related amortization of assets under finance leases is included in depreciation and amortization expense. The accumulated depreciation of the associated networking equipment assets under finance leases totaled $24.7 million and $14.4 million as of September 30, 2022 and December 31, 2021, respectively. Other assets Other assets consisted of the following:
|  | As of September 30, |  | As of December 31,
|  | 2022 |  | 2021
|  | (in thousands)
Deferred contract costs, net |  | $ | 35,524 |  |  | $ | 23,830 |
Advance payment for purchase of property and equipment |  | 30,348 |  |  | — |
Other assets |  | 7,386 |  |  | 5,638 |
Total other assets |  | $ | 73,258 |  |  | $ | 29,468 |
Accrued expenses Accrued expenses consisted of the following:
|  | As of September 30, |  | As of December 31,
|  | 2022 |  | 2021
|  | (in thousands)
Accrued compensation and related benefits |  | $ | 28,520 |  |  | $ | 13,543 |
Accrued colocation and bandwidth costs |  | 9,684 |  |  | 10,205 |
Sales and use tax liabilities |  | 9,414 |  |  | 8,070 |
Other accrued liabilities |  | 6,568 |  |  | 4,294 |
Total accrued expenses |  | $ | 54,186 |  |  | $ | 36,112 |
Other current liabilities Other current liabilities consisted of the following:
|  | As of September 30, |  | As of December 31,
|  | 2022 |  | 2021
|  | (in thousands)
Deferred revenue, current |  | $ | 22,727 |  |  | $ | 26,421 |
Accrued computer and networking equipment |  | 5,840 |  |  | 18,081 |
Holdback payable |  | 4,013 |  |  | — |
Other current liabilities |  | 842 |  |  | 605 |
Total other current liabilities |  | $ | 33,422 |  |  | $ | 45,107 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI https://asc.fasb.org/topic&trid=2122208 + Details
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