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Leases
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
Lease Portfolio Overview
The Company’s operating lease obligations consist of various leases for office space in areas that include, among others, Austin, Texas; Boston, Massachusetts; Dallas, Texas; Trevose, Pennsylvania; Amsterdam, Netherlands; Barcelona, Spain; Limassol, Cyprus; Munich, Germany; Berlin, Germany; Belgrade, Serbia; and Prague, Czech Republic. The Company has lease terms which expire at various times through 2029. Certain leases include extension options, rent escalations, and non-cancellable terms.
The Company categorizes leases at commencement as either operating or finance leases. The Company has operating leases for data centers and facilities, some of which include options to extend the lease terms. The Company recognizes lease expense for operating leases on a straight-line basis over the lease term. Variable costs, which are based on actual usage, are not included in the measurement of ROUAs and lease liabilities but are expensed when the event determining the amount of variable consideration to be paid occurs. Amortization expense of the ROUA for finance leases is recognized on a straight-line basis over the lease term and interest expense for finance leases is recognized based on the effective interest method using an incremental borrowing rate.
The Company made an accounting policy election to not recognize a lease liability or right-of-use asset on its consolidated balance sheet for leases with an initial term of twelve months or less, and instead recognizes such lease payments in the consolidated statements of operations and comprehensive (loss) income on a straight-line basis over the lease term.
The components of lease expense were as follows:
Year Ended December 31,
20252024
Operating lease cost$5,580 $5,262 
Short-term lease cost776 954 
Variable lease cost4,093 4,609 
Total lease cost$10,449 $10,825 
Year Ended December 31,
20252024
Amortization of lease assets$102 $816 
Interest on lease liabilities4 24 
Total finance lease cost$106 $840 
Weighted-average remaining lease term and discount rate were as follows:
As of December 31,
20252024
Weighted-average remaining lease term (in years)
     Operating leases2.62.7
     Finance leases00.8
Weighted-average discount rate
     Operating leases6.5 %5.8 %
     Finance leases—7.2 %
Future minimum amounts payable as of December 31, 2025 were as follows:
Year Ending December 31,Operating Leases
20266,131 
20273,922 
20282,071 
2029405 
Thereafter186 
Total lease payments12,715 
Less: imputed interest(174)
Total lease liabilities$12,541 
As of December 31, 2025 the Company had no operating leases or finance leases that had not yet commenced.
Rent expense related to the Company’s office facilities was $6,355, $6,216, and $5,195 for the years ended December 31, 2025, 2024, and 2023, respectively.
Leases Leases
Lease Portfolio Overview
The Company’s operating lease obligations consist of various leases for office space in areas that include, among others, Austin, Texas; Boston, Massachusetts; Dallas, Texas; Trevose, Pennsylvania; Amsterdam, Netherlands; Barcelona, Spain; Limassol, Cyprus; Munich, Germany; Berlin, Germany; Belgrade, Serbia; and Prague, Czech Republic. The Company has lease terms which expire at various times through 2029. Certain leases include extension options, rent escalations, and non-cancellable terms.
The Company categorizes leases at commencement as either operating or finance leases. The Company has operating leases for data centers and facilities, some of which include options to extend the lease terms. The Company recognizes lease expense for operating leases on a straight-line basis over the lease term. Variable costs, which are based on actual usage, are not included in the measurement of ROUAs and lease liabilities but are expensed when the event determining the amount of variable consideration to be paid occurs. Amortization expense of the ROUA for finance leases is recognized on a straight-line basis over the lease term and interest expense for finance leases is recognized based on the effective interest method using an incremental borrowing rate.
The Company made an accounting policy election to not recognize a lease liability or right-of-use asset on its consolidated balance sheet for leases with an initial term of twelve months or less, and instead recognizes such lease payments in the consolidated statements of operations and comprehensive (loss) income on a straight-line basis over the lease term.
The components of lease expense were as follows:
Year Ended December 31,
20252024
Operating lease cost$5,580 $5,262 
Short-term lease cost776 954 
Variable lease cost4,093 4,609 
Total lease cost$10,449 $10,825 
Year Ended December 31,
20252024
Amortization of lease assets$102 $816 
Interest on lease liabilities4 24 
Total finance lease cost$106 $840 
Weighted-average remaining lease term and discount rate were as follows:
As of December 31,
20252024
Weighted-average remaining lease term (in years)
     Operating leases2.62.7
     Finance leases00.8
Weighted-average discount rate
     Operating leases6.5 %5.8 %
     Finance leases—7.2 %
Future minimum amounts payable as of December 31, 2025 were as follows:
Year Ending December 31,Operating Leases
20266,131 
20273,922 
20282,071 
2029405 
Thereafter186 
Total lease payments12,715 
Less: imputed interest(174)
Total lease liabilities$12,541 
As of December 31, 2025 the Company had no operating leases or finance leases that had not yet commenced.
Rent expense related to the Company’s office facilities was $6,355, $6,216, and $5,195 for the years ended December 31, 2025, 2024, and 2023, respectively.