| Property and Equipment |
Property and Equipment Property and equipment consisted of the following for the periods presented (in thousands): | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Office equipment | $ | 4,182 | | | $ | 3,501 | | | Office furniture | 5,403 | | | 5,539 | | | Leasehold improvements | 3,113 | | | 3,039 | | | | | | | Capitalized internal-use software | 11,835 | | | 9,746 | | | | | | | Payment terminals | 2,741 | | | 2,523 | | | Property and equipment, gross | 27,274 | | | 24,348 | | | Less accumulated depreciation and amortization | (17,176) | | | (15,136) | | | Property and equipment, net | $ | 10,098 | | | $ | 9,212 | |
Depreciation and amortization expense on property and equipment was $1.3 million and $1.1 million for the three months ended June 30, 2026 and 2025, respectively, and $2.6 million and $2.1 million for the six months ended June 30, 2026 and 2025, respectively. Included in this total is $0.7 million and $0.6 million for the three months ended June 30, 2026 and 2025, respectively, and $1.5 million and $1.1 million for the six months ended June 30, 2026 and 2025, respectively, recorded in cost of revenue on the unaudited condensed consolidated statements of operations and comprehensive loss. The remaining amount of $0.6 million and $0.5 million for the three months ended June 30, 2026 and 2025, respectively, and $1.1 million and $1.0 million for the six months ended June 30, 2026 and 2025, respectively, was recorded in operating expenses on the unaudited condensed consolidated statements of operations and comprehensive loss.
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