Commitments and Contingencies |
3 Months Ended |
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Mar. 31, 2026 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies Purchase Commitments As of March 31, 2026, the Company had long-term commitments and purchase orders with various software license, bandwidth, network services and third-party license vendors. The Company’s purchase commitments have not materially changed since December 31, 2025. Operating Leases As of March 31, 2026, the Company had $668,444 of estimated undiscounted fixed payment obligations, mostly related to leases of co-location space at data center facilities, that have not yet commenced and were not included on the condensed consolidated balance sheets. These leases are expected to commence between April 2026 and May 2027, and have a weighted-average lease term of 9.8 years. Subsequent to March 31, 2026, the Company entered into leases primarily for co-location space at data center facilities with total estimated undiscounted payments of $1,273,119. These leases are expected to commence between April 2026 and June 2027, and have a weighted-average lease term of 11.0 years. Finance Leases and Equipment Financing Obligations During the three months ended March 31, 2026, the Company entered into finance leases for servers and related equipment resulting in the recognition of finance lease liabilities, current of $24,468 and finance lease liabilities, long-term of $108,071 on the condensed consolidated balance sheets. Payments will be made monthly over a weighted-average term of 6.0 years, resulting in a weighted-average imputed interest rate of 6.4%. In March 2026, the Company entered into an arrangement with a third-party financial institution for $11,807 of acquired servers and related equipment resulting in an equipment financing obligation of $11,807 which is included in finance lease liabilities and equipment financing obligations on the condensed consolidated balance sheets. Payments will be made monthly over a term of 5.0 years, resulting in an imputed interest rate of 6.6%. The Company did not enter into any such arrangements during the three months ended March 31, 2025. Legal Proceedings The Company may be involved in various legal proceedings and litigation arising in the ordinary course of business. While it is not feasible to predict or determine the ultimate disposition of any such litigation matters, the Company believes that any such legal proceedings will not have a material adverse effect on its condensed consolidated financial position, results of operations, or liquidity.
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