Other Current and Noncurrent Assets |
12 Months Ended | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||
| Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||
| Other Current and Noncurrent Assets | 6. Other Current and Noncurrent Assets The following table presents the components of prepaid expenses and other current assets, net, for the periods presented:
Prepayments to suppliers include capitalized costs related to the implementation of cloud computing arrangements that are service contracts and are amortized on a straight-line basis over the term of the associated hosting arrangements. As of December 31, 2025 and 2024, the gross capitalized costs were $25.6 million and $18.7 million, respectively. For the years ended December 31, 2025, 2024 and 2023 amortization expense was $9.5 million, $7.6 million and $5.3 million respectively. Other current assets include an indemnification receivable of $5.5 million related to a legal matter, restricted cash, and other non-trade receivables. As of December 31, 2025 and 2024, restricted cash was $0.3 million and $0.3 million, respectively. Other noncurrent assets as of December 31, 2025 and 2024 of $45.7 million and $61.2 million are primarily comprised of the indemnification asset of $37.2 million and $50.0 million, respectively, recorded against certain tax liabilities related to the Iponweb Acquisition.
|
||||||||||||||||||||||||||||