The Company leases real estate in the form of office space and data center facilities. Generally, at the inception of the contract, the term for real estate leases ranges from 2 to 17 years and the term for equipment leases is 1 to 3 years. Some real estate leases include options to renew that can extend the original term by 3 to 5 years.

During the six months ended June 30, 2026 and 2025, the Company made cash payments for operating leases of $4.0 million and $4.6 million, respectively.

During the three and six months ended June 30, 2026, the Company recognized operating lease right‑of‑use assets in exchange for lease liabilities of $0.2 million. No such assets were obtained during the three months ended June 30, 2025. During the six months ended June 30, 2025, the Company recognized operating lease right‑of‑use assets of $8.8 million in connection with the EvolutionIQ acquisition.