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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2025
Entity Information [Line Items]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and Equipment, Net consists of the following at the dates presented (in thousands):
 December 31,
 20252024
Internal-use software and website development costs$87,842 $66,101 
Operating lease right-of-use assets22,690 22,690 
Computer equipment4,805 6,335 
Office equipment and furniture3,067 2,975 
Leasehold improvements7,183 7,143 
Assets not yet placed in service5,172 16,271 
Property and equipment130,759 121,515 
Less: Accumulated depreciation and amortization(85,662)(77,242)
Total Property and Equipment, Net$45,097 $44,273 

Depreciation and amortization expense for Property and Equipment, Net for the years ended December 31, 2025, 2024 and 2023 was $12.1 million, $10.7 million and $10.9 million, respectively. These charges are included in Origination and Servicing and General and Administrative expenses on the consolidated statements of operations. Prosper capitalized internal-use software and website development costs in the amount of $14.5 million, $15.9 million and $14.9 million for the years ended December 31, 2025, 2024 and 2023, respectively. Additionally, disclosures around the operating lease right-of-use assets are included in Note 16, Leases.
Prosper Funding LLC  
Entity Information [Line Items]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and Equipment consist of the following as of the dates presented (in thousands):
 December 31,
 20252024
Internal-use software and web site development costs$63,353 $49,836 
Less: Accumulated depreciation and amortization(41,370)(37,276)
Total Property and Equipment, Net$21,983 $12,560 
Depreciation and amortization expense for the years ended December 31, 2025, 2024, and 2023 was $8.0 million, $6.8 million and $6.3 million, respectively. Internal-use software and web site development additions of $17.4 million, $7.7 million and $7.9 million were purchased from PMI in the years ended December 31, 2025, 2024, and 2023, respectively.