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
The following summarizes our property and equipment (in thousands):
June 30, 2026December 31, 2025
Computer hardware$15,079 $16,025 
Furniture and equipment792 965 
Internal-use software development costs281,618 268,128 
Leasehold improvements787 1,441 
Total property and equipment298,276 286,559 
Accumulated depreciation expense(216,355)(205,774)
Total property and equipment, net$81,921 $80,785 

The Company capitalized $6.9 million and $13.5 million for the three and six months ended June 30, 2026, respectively, and $9.1 million and $17.0 million for the three and six months ended June 30, 2025, respectively, of internal-use software development costs. The net book value of capitalized internal-use software development costs was $79.7 million and $77.8 million as of June 30, 2026 and December 31, 2025, respectively.

Depreciation expense related to property and equipment was $6.3 million and $12.6 million for the three and six months ended June 30, 2026, respectively, and $6.4 million and $13.6 million for the three and six months ended June 30, 2025, respectively, of which amortization expense related to capitalized internal-use software development costs was $5.8 million and $11.6 million for the three and six months ended June 30, 2026, respectively, and $5.6 million and $11.9 million for the three and six months ended June 30, 2025, respectively.