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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Property and Equipment, Useful Lives

The estimated useful life of each asset category is as follows:

Computer and networking equipment			3 to 5 years
Leasehold improvements			Shorter of lease term or 5 years
Furniture and fixtures			3 years
Office equipment			3 years
Internal-use software			3 to 5 years

Property and equipment, net consisted of the following:

						As of December 31,
						2023						2022
						(in thousands)
Computer and networking equipment						$	224,313					$	225,009
Leasehold improvements						8,605						8,374
Furniture and fixtures						2,142						1,792
Office equipment						1,228						1,176
Internal-use software						97,623						66,488
Property and equipment, gross						333,911						302,839
Accumulated depreciation and amortization						(157,303)						(122,461)
Property and equipment, net						$	176,608					$	180,378

Schedule of Intangible Assets

The useful lives of the intangible assets are as follows:

Customer relationships			3 to 8 years
Developed technology			4 to 5 years
Trade names			3 to 4 years
Backlog			2 years
Internet protocol addresses			10 years
In-process research and development (“IPR&D”)			Indefinite

As of December 31, 2023 and December 31, 2022, the Company’s intangible assets consisted of the following:

						As of December 31, 2023																		As of December 31, 2022
						Gross carrying value						Accumulated amortization						Net carrying value						Gross carrying value						Accumulated amortization						Net carrying value
						(in thousands)
Intangible assets:
Customer relationships						$	69,860					$	(28,473)					$	41,387					$	69,860					$	(19,582)					$	50,278
Developed technology						50,130						(32,424)						17,706						50,130						(22,367)						27,763
Trade names						3,910						(3,542)						368						3,910						(2,564)						1,346
Internet protocol addresses						4,984						(1,970)						3,014						4,984						(1,471)						3,513
Backlog						—						—						—						2,200						(2,200)						—
Total intangible assets						$	128,884					$	(66,409)					$	62,475					$	131,084					$	(48,184)					$	82,900

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
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-Name Accounting Standards Codification
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