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Leases (Tables)
 3 Months Ended
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, 2026December 31, 2025
Operating leases
Finance Leases(1)
Operating leases
Finance Leases(1)
Remaining lease term5.3 years2.7 years5.4 years2.5 years
Discount rate6.9 %12.9 %6.9 %12.6 %
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(1) Includes lease financing obligation costs.
The following table presents the components of lease expense (in thousands):

Three Months Ended March 31,
20262025
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 costs908 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 
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(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,
20262025
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 leasesLease financing obligationsTotal
Remainder of 2026
$14,443 $339 $14,782 
202715,631 — 15,631 
20287,808 — 7,808 
20296,854 — 6,854 
20301,653 — 1,653 
Thereafter123 — 123 
Total future minimum lease and financing commitments46,512 339 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 leasesNon-lease componentsTotal
Remainder of 2026
$4,535 $3,226 $7,761 
20275,586 3,063 8,649 
20285,246 3,069 8,315 
20294,149 2,552 6,701 
20303,163 1,351 4,514 
Thereafter5,525 108 5,633 
Total future minimum operating lease commitments28,204 $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 leasesNon-lease componentsTotal
Remainder of 2026
$4,535 $3,226 $7,761 
20275,586 3,063 8,649 
20285,246 3,069 8,315 
20294,149 2,552 6,701 
20303,163 1,351 4,514 
Thereafter5,525 108 5,633 
Total future minimum operating lease commitments28,204 $13,369 $41,573 
Less imputed interest(4,658)
Total liability$23,546