v3.26.1
Property and Equipment
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following (in thousands):
March 31,
2026
December 31,
2025
Computer equipment$7,095 $6,992 
Capitalized software development15,601 14,933 
Leasehold improvements1,137 1,137 
Furniture1,219 1,219 
Total property and equipment25,052 24,281 
Less: accumulated depreciation and amortization(17,661)(16,698)
Property and equipment, net$7,391 $7,583 
As discussed in Note 2, “Summary of Significant Accounting Policies - Capitalized Software Development Costs”, the Company capitalizes costs related to the development of computer software for internal use or related to the development of product offerings and is included in capitalized software development costs within property and equipment, net on the unaudited condensed consolidated balance sheets.
Depreciation and amortization expense relating to the Company’s property and equipment was $0.9 million and $0.8 million for the three months ended March 31, 2026 and 2025, respectively.