v3.25.2
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
June 30,
2025		December 31,
2024
Computers and equipment$54,093 $46,155 
Furniture and fixtures24,481 20,752 
Leasehold improvements86,149 67,855 
Capitalized software development costs263,638 285,015 
Total property and equipment$428,361 $419,777 
Less: accumulated depreciation and amortization(145,277)(192,807)
Total property and equipment, net$283,084 $226,970 
The Company capitalizes costs related to the development of computer software for internal use and is included in capitalized software development costs within property and equipment, net.
Depreciation and amortization expense was approximately $11.1 million and $21.3 million for the three and six months ended June 30, 2025, respectively. Depreciation and amortization expense was approximately $10.9 million and $21.6 million for the three and six months ended June 30, 2024, respectively.