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Leases

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Operating Leases

7. Leases

The Company’s lease portfolio consists of office facilities, managed data center facilities and vehicles for its U.S. and international locations, with terms expiring through 2034. The Company accounts for these as operating leases and applies the short-term lease measurement and recognition exemption to leases with terms of 12 months or less. For real estate leases, the Company has elected the practical expedient to not separate lease and nonlease components.

The following table summarizes assets and liabilities related to the Company’s operating leases:

			Condensed Consolidated Balance Sheets Location						March 31, 2026						December 31, 2025
									(In thousands)
Operating lease assets			Operating lease right-of-use assets, net						$	27,986					$	28,810
Current liabilities			Accrued and other current liabilities						$	9,030					$	9,108
Non-current liabilities			Operating lease liabilities, non-current						$	20,985					$	21,674

The following table presents the components of the Company’s total lease expense:

			Condensed Consolidated Statements						Three Months Ended March 31,
			of Operations Location						2026						2025
									(In thousands)
Operating lease cost:
Fixed lease costs			Cost of revenue and operating expenses						$	3,245					$	2,307
Variable lease costs			Operating expenses						411						174
Short-term lease costs			Operating expenses						366						402
Lease impairment cost			Impairment charges						—						99
Sublease income			Operating expenses						(483)						(57)
Total lease cost									$	3,539					$	2,925

As of March 31, 2026, the maturities of the Company’s lease liabilities under operating leases were as follows:

Year						Operating Leases
						(In thousands)
Remainder of 2026						$	8,753
2027						10,385
2028						8,121
2029						5,589
2030						1,789
Thereafter						928
Total minimum payments required						$	35,565
Less: imputed interest						5,550
Total present value of lease liabilities						$	30,015

The following table summarizes weighted-average lease terms and discount rates for the Company’s operating leases:

March 31, 2026

December 31, 2025

Weighted-average remaining lease term (in years)

3.51 years

3.53 years

Weighted-average discount rate

9.89%

9.85%

Finance Leases

7. Leases

The Company’s lease portfolio consists of office facilities, managed data center facilities and vehicles for its U.S. and international locations, with terms expiring through 2034. The Company accounts for these as operating leases and applies the short-term lease measurement and recognition exemption to leases with terms of 12 months or less. For real estate leases, the Company has elected the practical expedient to not separate lease and nonlease components.

The following table summarizes assets and liabilities related to the Company’s operating leases:

			Condensed Consolidated Balance Sheets Location						March 31, 2026						December 31, 2025
									(In thousands)
Operating lease assets			Operating lease right-of-use assets, net						$	27,986					$	28,810
Current liabilities			Accrued and other current liabilities						$	9,030					$	9,108
Non-current liabilities			Operating lease liabilities, non-current						$	20,985					$	21,674

The following table presents the components of the Company’s total lease expense:

			Condensed Consolidated Statements						Three Months Ended March 31,
			of Operations Location						2026						2025
									(In thousands)
Operating lease cost:
Fixed lease costs			Cost of revenue and operating expenses						$	3,245					$	2,307
Variable lease costs			Operating expenses						411						174
Short-term lease costs			Operating expenses						366						402
Lease impairment cost			Impairment charges						—						99
Sublease income			Operating expenses						(483)						(57)
Total lease cost									$	3,539					$	2,925

As of March 31, 2026, the maturities of the Company’s lease liabilities under operating leases were as follows:

Year						Operating Leases
						(In thousands)
Remainder of 2026						$	8,753
2027						10,385
2028						8,121
2029						5,589
2030						1,789
Thereafter						928
Total minimum payments required						$	35,565
Less: imputed interest						5,550
Total present value of lease liabilities						$	30,015

The following table summarizes weighted-average lease terms and discount rates for the Company’s operating leases:

March 31, 2026

December 31, 2025

Weighted-average remaining lease term (in years)

3.51 years

3.53 years

Weighted-average discount rate

9.89%

9.85%

X

- References

No definition available.

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- Definition

The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

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X

- Definition

The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

+ Details

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