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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
For the Years Ended December 31
20242023
Cash disbursement concentration
Number of vendors32
Total cash disbursements represented by vendors listed above36%21%
December 31,
20242023
Accounts payable concentration
Number of vendors12
Total accounts payable balance represented by vendors listed above14%30%
Accounts Receivable Concentration
Number of customers
22
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 EquipmentUseful 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,
20242023
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.