PROPERTY AND EQUIPMENT |
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Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PROPERTY AND EQUIPMENT | 5. PROPERTY AND EQUIPMENT Property and equipment at June 30, 2025 and December 31, 2024 consisted of the following:
Depreciation and amortization expense related to property and equipment was $1.2 million and $3.2 million for the three and six months ended June 30, 2025, respectively, and $1.9 million and $4.0 million for the three and six months ended June 30, 2024, respectively. In conjunction with the Company's restructuring activities as discussed in Note 15, Restructuring, the Company retired certain capitalized software assets during the six months ended June 30, 2025. Refer to Note 15, Restructuring, for additional information on the restructuring activities.
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