Property and Equipment, Net |
Property and Equipment, NetProperty and equipment, net consists of the following: | | | | | | | | | | | | | March 31, 2025 | | December 31, 2024 | Leasehold improvements | $ | 193,953 | | | $ | 189,890 | | Computers and equipment | 51,826 | | | 46,186 | | Furniture and fixtures | 37,493 | | | 36,037 | | Capitalized software | 40,353 | | | 36,534 | | Construction in process | 17,403 | | | 20,460 | | | 341,028 | | | 329,107 | | Less: accumulated depreciation and amortization | (167,233) | | | (158,643) | | Property and equipment, net | $ | 173,795 | | | $ | 170,464 | |
Depreciation and amortization expense consists of the following: | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | 2025 | | 2024 | | | | | Cost of goods sold | $ | 8,695 | | | $ | 7,101 | | | | | | Selling, general, and administrative expenses | 3,467 | | | 3,482 | | | | | | Total depreciation and amortization expense | $ | 12,162 | | | $ | 10,583 | | | | | |
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