The Company leases office space under non-cancellable operating leases for its corporate headquarters in Austin, Texas, in two adjacent buildings under separate lease agreements. Pursuant to the first agreement, the Company leases office space with an initial term that expires on April 30, 2028, with the option to extend the lease for an additional ten-year term. The Company is not reasonably certain to exercise the renewal under this agreement, therefore no amounts related to this option is recognized as part of lease liabilities or right of use assets. Pursuant to the second agreement, the Company leases office space with lease terms of approximately ten years, with an option to extend the lease on the second building from five to ten years. The Company is reasonably certain to exercise this renewal under this agreement, therefore amounts were related to this option are recognized as part of lease liabilities and right of use assets. The Company also leases office space in other U.S. cities located in Nebraska, Iowa and North Carolina. Internationally, the Company leases offices in India and Australia, and from time to time, employees may work from flexible office spaces in the U.S. and internationally.

During the year ended December 31, 2025, the Company recorded $4.0 million in lease liabilities related to the renewals and expansions of our office lease agreements. The Company recognized corresponding right of use assets of $3.3 million, net of $0.7 million in tenant lease improvement allowances. As of December 31, 2025, the Company has received no reimbursements for this allowance, and has a remaining allowance receivable of $0.7 million included as a component of prepaid expenses and other current assets on the Company's consolidated balance sheets. The Company believes its current facilities are adequate to meet its current needs. The Company intends to secure new facilities or expand existing facilities to support future growth and believes suitable additional or alternative space will available on commercially reasonable terms as needed to accommodate operations.


	Operating Leases
	2025			2024			2023
Lease expense:
Operating lease expense	$	8,577		$	9,360		$	9,257
Sublease income	(826)			(949)			(1,004)
Total lease expense	$	7,751		$	8,411		$	8,253

Other information:
Cash paid for operating lease liabilities	$	12,510		$	13,220		$	12,678
Right of use assets obtained in exchange for operating lease liabilities for the years ended December 31, 2025, 2024 and 2023	$	3,532		$	2,605		$	3,292
Weighted-average remaining lease term - operating leases	6.1 years			6.2 years			6.6 years
Weighted-average discount rate - operating leases	5.7		%	6.0		%	6.2		%

The Company is reasonably certain to exercise the renewal options on three of its buildings. The future operating lease payments include $16.3 million in optional lease renewals where the Company is reasonably certain of exercising those options. Additionally, the Company's operating lease liabilities include $12.3 million and right of use assets include $8.8 million in optional lease renewals.

The Company has exited and made available for sublease certain leased office spaces, and updated assessments of previously exited leased office spaces. As a result, the Company evaluated the recoverability of its right of use and other lease related assets and determined that their carrying values were not fully recoverable. The Company calculated the impairment by comparing the carrying amount of the asset group to its estimated fair value using a discounted cash flow model. During the year ended December 31, 2025, impairment charges of $0.5 million were recorded to right of use assets. During the year ended December 31, 2024, impairment charges of $0.8 million were recorded to right of use assets and charges of $0.1 million were recorded to property and equipment. These charges were recorded within operating expenses on the consolidated statements of comprehensive income (loss).