v3.25.4
Property and Equipment, Net (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property and equipment are recorded at cost less accumulated depreciation and content amortization. Depreciation and content amortization are computed using the straight-line method over the following estimated useful lives of the assets:

ClassificationUseful Life
Content
5 years
Internal-use software and website development3 years
Leasehold improvements
Shorter of the remaining lease term or 5 years
Furniture and fixtures5 years
Computers and equipment3 years
The following table presents our property and equipment, net balances (in thousands):
December 31,
20252024
Content$351,416 $381,629 
Internal-use software and website development42,677 67,612 
Leasehold improvements2,827 8,207 
Furniture and fixtures1,127 3,346 
Computer and equipment1,949 2,953 
Property and equipment399,996 463,747 
Less accumulated depreciation(284,828)(293,099)
Property and equipment, net$115,168 $170,648