v3.26.1
Property and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment, net consisted of the following (in thousands):
March 31,
2026
December 31,
2025
Software(1)
$8,201 $7,636 
Leasehold improvements9,573 10,174 
Equipment3,861 3,660 
Furniture and fixtures
29 28 
Construction in progress681 667 
Total property and equipment, gross22,345 22,165 
Less: accumulated depreciation(17,903)(17,938)
Total$4,442 $4,227 
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(1) The net book value of our software was $0.9 million and $0.5 million for the three months ended March 31, 2026 and December 31, 2025, respectively, and primarily related to certain portions of our playboy.com website.