v3.25.2
Property and Equipment
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment
Note 6. Property and Equipment
Property and equipment are recorded at cost and consist of the following:
 June 30,December 31,
 20252024
 (in thousands)
Computer equipment and software$29,733 $28,789 
Furniture and fixtures 11,168 10,960 
Leasehold improvements58,318 57,051 
Total99,219 96,800 
Less accumulated depreciation(69,580)(64,555)
Property and equipment, net$29,639 $32,245 
We recorded depreciation expense of $2.3 million and $2.8 million for the three months ended June 30, 2025 and 2024, respectively, and $5.1 million and $5.7 million for the six months ended June 30, 2025 and 2024, respectively.