v3.25.2
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
4. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following (in thousands):
 June 30,
2025
December 31,
2024
Computer hardware and software, including internal-use software and website development$183,620 $202,005 
Furniture and equipment1,555 4,098 
Leasehold improvements1,163 1,466 
186,338 207,569 
Less: accumulated depreciation(169,877)(184,025)
Total property and equipment, net$16,461 $23,544 

Capitalized costs associated with internal-use software and website development, both developed internally and acquired externally, and depreciation of costs for the same periods associated with internal-use software and website development consist of the following (in thousands):
Three months ended
June 30,
Six months ended
June 30,
 2025202420252024
Capitalized internal-use software and website development$1,599 $4,576 $2,947 $7,960 
Depreciation of internal-use software and website development2,770 2,066 6,159 4,016 

Depreciation expense is classified within the corresponding operating expense categories on the consolidated statements of operations as follows (in thousands): 
Three months ended
June 30,
Six months ended
June 30,
 2025202420252024
Cost of goods sold$16 $98 $89 $196 
Technology3,787 3,930 8,250 7,447 
General and administrative78 103 167 211 
Total depreciation$3,881 $4,131 $8,506 $7,854