v3.26.1
Property and equipment, net
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and equipment, net Property and equipment, net
Property and equipment, net consisted of the following:
December 31, 2025March 31, 2026
Land$53,405 $53,405 
Building and building improvements193,160 194,834 
Equipment102,935 103,801 
Operating lease right-of-use assets136,117 134,300 
Property and equipment485,617 486,340 
Less: accumulated depreciation(57,614)(63,534)
Property and equipment, net$428,003 $422,806 
Depreciation expense on property and equipment for the three months ended March 31, 2025 and 2026 was $4.4 million and $5.9 million, respectively.