v3.25.2
PROPERTY AND EQUIPMENT, NET (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment, Net [Abstract]  
Property, Plant and Equipment
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 
Schedule of Capitalized Computer Software
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 
Schedule of Depreciation and Amortization by Operating Expense Category
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