| Schedule of Property, Equipment and Software |
A summary of property, equipment and software, net was as follows: | | | | | | | | | | | | | | | | | (in thousands) | June 30, 2025 | | December 31, 2024 | | | | | | Computer software | $ | 115,355 | | | $ | 104,683 | | | | | | | Equipment | 14,513 | | | 11,571 | | | | | | | Leasehold improvements | 2,734 | | | 2,718 | | | | | | | Furniture and fixtures | 1,382 | | | 1,365 | | | | | | | Property, equipment and software | 133,984 | | | 120,337 | | | | | | | Less: Accumulated depreciation | (77,992) | | | (70,258) | | | | | | | Capital work in-progress | 1,537 | | | 2,398 | | | | | | | Property, equipment and software, net | $ | 57,529 | | | $ | 52,477 | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands) | 2025 | | 2024 | | 2025 | | 2024 | | Depreciation expense | $ | 4,075 | | | $ | 3,428 | | | $ | 7,937 | | | $ | 6,598 | |
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