v3.26.3
Commitments and Contingencies
9 Months Ended
Sep. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

11. Commitments and Contingencies

As of September 30, 2026, the Company’s material contractual obligations were as follows:

 

(In thousands)

 

Total

 

Remainder of
2026

 

2027

 

2028

 

2029

 

2030

 

Thereafter

Contractual obligations (1) (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software licenses (3)

 

$28,225

 

$3,355

 

$16,703

 

$7,246

 

$307

 

$307

 

$307

Other contractual obligations

 

34

 

34

 

—

 

—

 

—

 

—

 

—

Total

 

$28,259

 

$3,389

 

$16,703

 

$7,246

 

$307

 

$307

 

$307

 

(1)
The above table does not reflect possible payments in connection with unrecognized tax benefits of approximately $26.7 million, including $25.6 million recorded as a reduction of long-term deferred tax assets and $1.1 million in long-term income taxes payable as of September 30, 2026.
(2)
For the Company’s lease commitments as of September 30, 2026, refer to Note 10, “Leases.”
(3)
The Company has commitments with various software vendors for agreements generally having terms longer than one year.

From time to time, the Company indemnifies certain customers as a necessary means of doing business. Indemnification covers customers for losses suffered or incurred by them as a result of any patent, copyright, or other IP infringement or any other claim by any third party arising as a result of the applicable agreement with the Company. The Company generally attempts to limit the maximum amount of indemnification that the Company could be required to make under these agreements to the amount of fees received by the Company; however, this may not always be possible. The fair value of the liability was not material as of September 30, 2026 and December 31, 2025.