v3.26.1
Property and Equipment, Net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Depreciation and amortization expense was $1.7 million and $3.2 million for the three and six months ended June 30, 2026, respectively, and $1.1 million and $2.1 million for the three and six months ended June 30, 2025, respectively.

Property and equipment, net, includes the following amounts at June 30, 2026 and December 31, 2025:

(in thousands)Useful LifeJune 30, 2026December 31, 2025
Capitalized software development costs5 years$32,379 $27,803 
Equipment and software
3 to 5 years
3,767 3,283 
Leasehold improvements
3 to 10 years
10,249 10,230 
$46,395 $41,316 
Less: accumulated depreciation and amortization(17,828)(14,664)
Property and equipment, net$28,567 $26,652