v3.26.1
Fixed Assets, Net
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net

NOTE 5. FIXED ASSETS, NET

Fixed assets, net, as of March 31, 2026 and December 31, 2025 consisted of the following:

 

 

March 31, 2026

 

 

December 31, 2025

 

(in thousands)

 

(Unaudited)

 

 

 

 

Capitalized internal-use software costs

 

$

21,360

 

 

$

17,945

 

Computer and equipment

 

 

789

 

 

 

802

 

Other

 

 

144

 

 

 

144

 

   Property and equipment, gross

 

 

22,293

 

 

 

18,891

 

Less: accumulated depreciation

 

 

(4,293

)

 

 

(3,097

)

   Fixed assets, net

 

$

18,000

 

 

$

15,794

 

During the three months ended March 31, 2026, the Company capitalized $3.4 million of qualifying internal-use software development costs primarily related to the Company's technology platform and Sentia AI, LLC (the Company's wholly-owned subsidiary dedicated to proprietary Artificial Intelligence (“AI”) development).