| Property, Equipment and Software, Net |
Property, Equipment, and Software, Net Major classes of property, equipment, and software were as follows: | | | | | | | | | | | | | As of March 31, | | As of December 31, | | 2026 | | 2025 | | Capitalized software development costs | $ | 123,020 | | | $ | 122,214 | | | Computer equipment | 2,781 | | | 2,541 | | | Purchased software | 12 | | | 12 | | | Furniture, fixtures and office equipment | 1,160 | | | 1,139 | | | Leasehold improvements | 3,966 | | | 3,868 | | | Total property, equipment, and software | 130,939 | | | 129,774 | | | Less: Accumulated depreciation | (95,515) | | | (94,705) | | | Total property, equipment, and software, net | $ | 35,424 | | | $ | 35,069 | |
Depreciation recorded in the condensed consolidated statements of operations was as follows: | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | 2026 | | 2025 | | | | | | Platform operations | $ | 4,685 | | | $ | 3,455 | | | | | | | Sales and marketing | 96 | | | 74 | | | | | | | Technology and development | 474 | | | 590 | | | | | | | General and administrative | 47 | | | 42 | | | | | | | Total | $ | 5,302 | | | $ | 4,161 | | | | | |
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