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
Property and equipment, net, consists of the following:
June 30,
2026		December 31,
2025
(in thousands)
Computer equipment$193,006 $189,173 
Computer software26,237 26,237 
Leasehold improvements24,232 23,751 
Scanner appliances19,633 19,234 
Furniture, fixtures and equipment5,363 5,262 
Total property and equipment268,471 263,657 
Less: accumulated depreciation and amortization(245,880)(240,491)
Property and equipment, net$22,591 $23,166 
As of June 30, 2026 and December 31, 2025, physical scanner appliances and other computer equipment that are or will be subject to leases by customers had a net carrying value of $6.9 million and $8.6 million, respectively, including assets that had not been placed in service of $3.8 million and $4.2 million, respectively.
Depreciation and amortization expenses relating to property and equipment were $2.4 million and $3.4 million for the three months ended June 30, 2026 and 2025, respectively, and $4.8 million and $6.9 million for the six months ended June 30, 2026 and 2025, respectively, which were mainly recorded in cost of revenues in the condensed consolidated statements of operations.
During the first quarter of 2026, the Company identified indicators of impairment related to certain property and equipment and recognized an immaterial impairment charge in cost of revenue in the condensed consolidated statement of operations.