Property and equipment are stated at cost, net of accumulated depreciation, and amortization. Depreciation and amortization is calculated using the straight-line method over the estimated useful lives of the related assets. Leasehold improvements are amortized using the straight-line method over the shorter of the lease term or the estimated useful life of the asset. The Company reviews the estimated useful lives of its property and equipment on an annual basis. The following table presents the detail of property and equipment, net as of the dates presented:


	Useful life	June 30, 2026		December 31, 2025

	(In years)	(In thousands)
Computer equipment and software	3 to 5	$	134,010	$	133,858
Internal-use software development costs	5	192,325		187,470

Furniture, equipment and building improvements	The lesser of 5 or estimated useful life	330		333
Property and equipment, at cost		326,665		321,661
Less: accumulated depreciation and amortization		(241,294)		(231,272)
Property and equipment, net		$	85,371	$	90,389

Depreciation and amortization expense of property and equipment was $5.0 million and $10.0 million during the three and six months ended June 30, 2026, respectively, and $5.6 million and $11.2 million during the three and six months ended June 30, 2025, respectively. There were no impairments of property and equipment during the three and six months ended June 30, 2026 and 2025.

Expenditures for routine maintenance and repairs are charged to operating expense as incurred. Major renewals and improvements are capitalized and depreciated over their estimated useful lives. The following table presents total depreciation and amortization expense included in the condensed consolidated statements of operations for the periods presented:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(In thousands)				(In thousands)
Cost of revenue	$	1,061	$	1,378	$	2,135	$	2,917
Sales and marketing	451		672		881		1,267
General and administrative	220		206		572		515
Product development	3,452		3,502		6,708		6,877
Total depreciation and amortization expense	$	5,184	$	5,758	$	10,296	$	11,576