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Basis of Presentation and Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Schedules of Concentration of Risk, by Risk Factor |
|  | For the Years Ended December 31
|  | 2024 |  | 2023
Cash disbursement concentration |  |  |  |
Number of vendors |  | 3 |  | 2
Total cash disbursements represented by vendors listed above |  | 36% |  | 21%
|  | December 31,
|  | 2024 |  | 2023
Accounts payable concentration |  |  |  |
Number of vendors |  | 1 |  | 2
Total accounts payable balance represented by vendors listed above |  | 14% |  | 30%
Accounts Receivable Concentration |  |  |  |
Number of customers |  | 2 |  | 2
Total accounts receivable balance represented by customers listed above |  | 35% |  | 36%
Schedule of Property and Equipment, Net | The following table presents the estimated useful lives of property and equipment:
Property and Equipment |  | Useful life
Data center equipment |  | 3 - 5 years
Machinery and equipment |  | 3 - 5 years
Computer equipment |  | 3 - 5 years
Leasehold improvements |  | Shorter of useful life or expected lease term
Property and equipment, net consisted of the following (in thousands):
| December 31,
| 2024 |  | 2023
Data center equipment | $ | 54,552 |  |  | $ | 37,245 |
Leased and financed data center equipment | 65,037 |  |  | 68,757 |
Machinery and equipment | 16,872 |  |  | 14,004 |
Computer equipment | 2,239 |  |  | 2,472 |
Leasehold improvements | 244 |  |  | 1,114 |
Construction-in-process (1) | 311 |  |  | 1,371 |
Total property and equipment | 139,255 |  |  | 124,963 |
Less: accumulated depreciation and amortization | (96,306) |  |  | (79,363) |
Total property and equipment, net | $ | 42,949 |  |  | $ | 45,600 |
(1) Construction-in-process relates to assets that have not yet been placed in service related to hard drives not yet deployed.

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