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Leases (Tables) | 3 Months Ended
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Mar. 31, 2026
Leases [Abstract] |
Schedule of Lease, Cost | The weighted average remaining lease terms and discount rates as of March 31, 2026 and December 31, 2025 were as follows:
| March 31, 2026 |  | December 31, 2025
| Operating leases |  | Finance Leases(1) |  | Operating leases |  | Finance Leases(1)
Remaining lease term | 5.3 years |  | 2.7 years |  | 5.4 years |  | 2.5 years
Discount rate | 6.9 | % |  | 12.9 | % |  | 6.9 | % |  | 12.6 | %
________________ (1) Includes lease financing obligation costs. The following table presents the components of lease expense (in thousands):
| Three Months Ended March 31, |  |
| 2026 |  | 2025 |  |  |  |
Finance lease costs |  |  |  |  |  |  |
Depreciation expense(1) | $ | 2,336 |  |  | $ | 2,840 |  |  |  |  |
Interest expense | $ | 1,099 |  |  | $ | 755 |  |  |  |  |
Lease financing obligation costs |  |  |  |  |  |  |
Depreciation expense(1) | $ | 213 |  |  | $ | 609 |  |  |  |  |
Interest expense | $ | 13 |  |  | $ | 98 |  |  |  |  |
Operating lease costs |  |  |  |  |  |  |
Rental expense related to lease components | $ | 1,645 |  |  | $ | 1,186 |  |  |  |  |
Rental expense related to non-lease components(2) | 1,232 |  |  | 1,100 |  |  |  |  |
Variable lease costs | 908 |  |  | 1,092 |  |  |  |  |
Total operating lease costs | $ | 3,785 |  |  | $ | 3,378 |  |  |  |  |
Total included in cost of revenue | $ | 3,744 |  |  | $ | 3,186 |  |  |  |  |
Total included in general and administrative expense | $ | 41 |  |  | $ | 192 |  |  |  |  |
________________ (1) Substantially all of the depreciation expense on assets acquired through the Company’s finance leases and lease financing obligations is included in cost of revenue in its condensed consolidated statements of operations and comprehensive loss. (2) Non-lease components represent non-tangible utilities and services associated with the Company’s co-location lease agreements and are not recorded on the Company’s condensed consolidated balance sheets. The Company used judgment and third-party data in determining the stand-alone price for allocating consideration to lease and non-lease components under these lease agreements, such as the price of utilities as compared to its tangible data center footprint within each facility. The following table presents supplemental cash flow information relating to the Company’s leases (in thousands):
| Three Months Ended March 31,
| 2026 |  | 2025
Operating cash flows |  |  |
Cash paid for interest on finance lease and lease financing obligations | $ | 1,111 |  |  | $ | 829 |
Cash paid for operating lease liabilities | $ | 2,227 |  |  | $ | 1,241 |
Non-cash items |  |  |
Equipment acquired through finance leases | $ | 6,907 |  |  | $ | 7,513 |
Schedule of Finance Lease, Liability, Fiscal Year Maturity | The future minimum commitments for finance leases and lease financing obligations as of March 31, 2026 were as follows (in thousands):
Year Ending December 31, | Finance leases |  | Lease financing obligations |  | Total
Remainder of 2026 | $ | 14,443 |  |  | $ | 339 |  |  | $ | 14,782 |
2027 | 15,631 |  |  | — |  |  | 15,631 |
2028 | 7,808 |  |  | — |  |  | 7,808 |
2029 | 6,854 |  |  | — |  |  | 6,854 |
2030 | 1,653 |  |  | — |  |  | 1,653 |
Thereafter | 123 |  |  | — |  |  | 123 |
Total future minimum lease and financing commitments | 46,512 |  |  | 339 |  |  | 46,851 |
Less imputed interest | (8,032) |  |  | (11) |  |  | (8,043) |
Total finance lease and lease financing obligation liabilities | $ | 38,480 |  |  | $ | 328 |  |  | $ | 38,808 |
Schedule of Other Commitments | As of March 31, 2026, the Company's future minimum obligations for operating leases and non-cancellable contractual commitments related to non-lease components were as follows (in thousands):
Year Ending December 31, | Operating leases |  | Non-lease components |  | Total
Remainder of 2026 | $ | 4,535 |  |  | $ | 3,226 |  |  | $ | 7,761 |
2027 | 5,586 |  |  | 3,063 |  |  | 8,649 |
2028 | 5,246 |  |  | 3,069 |  |  | 8,315 |
2029 | 4,149 |  |  | 2,552 |  |  | 6,701 |
2030 | 3,163 |  |  | 1,351 |  |  | 4,514 |
Thereafter | 5,525 |  |  | 108 |  |  | 5,633 |
Total future minimum operating lease commitments | 28,204 |  |  | $ | 13,369 |  |  | $ | 41,573 |
Less imputed interest | (4,658) |  |  |  |  |
Total liability | $ | 23,546 |  |  |  |  |
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity | As of March 31, 2026, the Company's future minimum obligations for operating leases and non-cancellable contractual commitments related to non-lease components were as follows (in thousands):
Year Ending December 31, | Operating leases |  | Non-lease components |  | Total
Remainder of 2026 | $ | 4,535 |  |  | $ | 3,226 |  |  | $ | 7,761 |
2027 | 5,586 |  |  | 3,063 |  |  | 8,649 |
2028 | 5,246 |  |  | 3,069 |  |  | 8,315 |
2029 | 4,149 |  |  | 2,552 |  |  | 6,701 |
2030 | 3,163 |  |  | 1,351 |  |  | 4,514 |
Thereafter | 5,525 |  |  | 108 |  |  | 5,633 |
Total future minimum operating lease commitments | 28,204 |  |  | $ | 13,369 |  |  | $ | 41,573 |
Less imputed interest | (4,658) |  |  |  |  |
Total liability | $ | 23,546 |  |  |  |  |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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