v3.25.4
Property and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 5. Property and Equipment

Property and equipment, net, consisted of the following:

 

 

December 31,

 

(in millions)

 

2025

 

 

2024

 

Furniture, equipment and other

 

$

7.0

 

 

$

5.8

 

Leasehold improvements

 

 

1.4

 

 

 

1.4

 

 

 

$

8.4

 

 

$

7.2

 

Less: Accumulated depreciation

 

 

(6.3

)

 

 

(5.4

)

Property and equipment, net

 

$

2.1

 

 

$

1.8

 

Depreciation expense related to property and equipment for the years ended December 31, 2025, 2024 and 2023 was $0.9 million, $1.0 million and $1.0 million, respectively.