v3.26.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
June 30,
2026		December 31,
2025
Data center equipment
$106,858 $95,958 
Leased and financed data center equipment(1)
74,619 66,569 
Computer equipment
2,231 2,286 
Leasehold improvements
383 181 
Construction-in-progress
442 89 
Total property and equipment
184,533 165,083 
Less: accumulated depreciation and amortization
(114,468)(107,773)
Total property and equipment, net
$70,065 $57,310 
________________
(1) The net book value of the Company’s equipment under finance lease agreements and lease financing obligations was $55.0 million and $45.7 million as of June 30, 2026 and December 31, 2025, respectively.
The following table presents property and equipment, net and operating lease right-of-use assets by geographic region (in thousands):
June 30,
2026		December 31, 2025
United States$88,861 $67,193 
Canada2,686 2,871 
The Netherlands11,290 9,959 
Total property and equipment, net and operating lease right-of-use assets$102,837 $80,023