v3.26.1
Property and Equipment, Net
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Line Items]  
Property and Equipment, Net
7. Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
 
    
As of
  
    
March 31, 2026
     
December 31, 2025
  
Computers and equipment
    $ 12,195      $ 12,030  
Quantum computer
      3,614        3,614  
Leasehold improvements
      1,428        1,432  
Furniture and fixtures
      409        390  
Software and website
      1,381        1,381  
  
 
 
     
 
 
  
Total property and equipment
   
 
19,027
 
   
 
18,847
 
Accumulated depreciation and amortization
      (11,504 )       (10,598 ) 
  
 
 
     
 
 
  
Total property and equipment, net of depreciation
   
 
7,523
 
   
 
8,249
 
Assets not in service
      522        425  
  
 
 
     
 
 
  
Total property and equipment, net
   
$
8,045
 
   
$
8,674
 
  
 
 
     
 
 
  
For the three months ended March 31, 2026 and 2025, depreciation and amortization expenses were $0.9 million and $0.7 million, respectively.