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, net consisted of the following as of March 31, 2026 and December 31, 2025:
March 31,December 31,
(in thousands)20262025
Capitalized internal-use software$60,792 $56,690 
Computer and office equipment11,433 11,929 
Furniture and fixtures8,036 7,510 
Leasehold improvements30,053 29,597 
Projects in process339 731 
Total gross property and equipment110,653 106,457 
Less: Accumulated depreciation and amortization(50,491)(44,936)
Property and equipment, net$60,162 $61,521 
Depreciation and amortization expense related to property and equipment was $5.7 million and $3.3 million for the three months ended March 31, 2026 and 2025, respectively.
Capitalized Internal-Use Software Costs
The following table presents the Company’s capitalized internal-use software, including amortization expense recognized, for the three months ended March 31, 2026 and 2025:
Three Months Ended March 31,
(in thousands)20262025
Total capitalized internal-use software costs(1)
$4,102 $4,047 
Stock-based compensation costs capitalized to internal-use software903 1,098 
Amortization expense(2)
3,448 2,406 
__________
(1) Amounts are inclusive of stock-based compensation costs capitalized to internal-use software as denoted within the table.
(2) Amounts are included within ‘Depreciation and amortization’ on the Condensed Consolidated Statements of Operations.
Geographical Information
The following table presents the Company’s long-lived assets based on geography, which consist of property and equipment, net and operating lease right-of-use assets as of March 31, 2026 and December 31, 2025:
March 31,December 31,
(in thousands)20262025
United States$53,412 $53,816 
Poland
6,302 6,793 
Rest of world10,402 13,364 
Total long-lived assets$70,116 $73,973