v3.26.1
Property and Equipment
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
As of
June 30,
As of
December 31,
20262025
(unaudited)
Computer equipment$8,368 $10,027 
Leasehold improvements6,151 6,314 
Furniture and fixtures3,791 3,796 
Capitalized internal-use software costs54,748 66,916 
Computer software111 111 
Total property and equipment73,169 87,164 
Less: accumulated depreciation(39,697)(53,326)
Property and equipment, net$33,472 $33,838 
The amounts in the table above exclude assets held for sale related to the Vitalware Transaction. For additional details refer to Note 2 - Held For Sale and Divestiture.
Our long-lived assets are primarily located in the United States. Depreciation expense totaled $3.7 million and $3.6 million for the three months ended June 30, 2026 and 2025, respectively, and $7.7 million and $7.2 million for the six months ended June 30, 2026 and 2025, respectively. Depreciation expense includes the amortization of capitalized internal-use software costs. There was no impairment of long-lived assets during the three and six months ended June 30, 2026 and 2025.
We capitalized $4.9 million and $5.2 million of internal-use software costs for the three months ended June 30, 2026 and 2025, respectively, and $9.7 million and $10.7 million for the six months ended June 30, 2026 and 2025, respectively. We incurred $3.2 million and $3.0 million of capitalized internal-use software cost amortization expense for the three months ended June 30, 2026 and 2025, respectively, and $6.7 million and $5.9 million for the six months ended June 30, 2026 and 2025, respectively.