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Property and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
March 31,
2026
December 31,
2025
Data center equipment
$99,452 $95,958 
Leased and financed data center equipment(1)
70,757 66,569 
Computer equipment
2,193 2,286 
Leasehold improvements
259 181 
Construction-in-progress
134 89 
Total property and equipment
172,795 165,083 
Less: accumulated depreciation and amortization
(111,490)(107,773)
Total property and equipment, net
$61,305 $57,310 
________________
(1) The net book value of the Company’s equipment under finance lease agreements and lease financing obligations was $49.4 million and $45.7 million as of March 31, 2026 and December 31, 2025, respectively.
Schedule of Long-Lived Assets by Geographic Areas
The following table presents property and equipment, net and operating lease right-of-use assets by geographic region (in thousands):
March 31,
2026
December 31, 2025
United States$68,188 $67,193 
Canada2,836 2,871 
The Netherlands11,684 9,959 
Total property and equipment, net and operating lease right-of-use assets$82,708 $80,023