v3.25.2
Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table presents the components of property and equipment as of December 31, 2024 and 2023, which are included within other assets on the consolidated balance sheets.
(in thousands)20242023
Leasehold improvements$3,056 $1,892 
Equipment4,506 5,033 
Software33,972 29,189 
41,534 36,114 
Accumulated depreciation(29,355)(27,044)
Total$12,179 $9,070 
Depreciation expense related to property and equipment was $2.9 million, $3.2 million, and $3.6 million for the years ended December 31, 2024, 2023 and 2022 respectively.