v3.26.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net

6. Property and Equipment, Net

Property and equipment, net consisted of the following:

(in thousands)

 

June 30,
2026

 

 

December 31,
2025

 

Computers and purchased software

 

$

10,142

 

 

$

10,235

 

Internally developed software

 

 

13,183

 

 

 

9,103

 

Furniture and equipment

 

 

984

 

 

 

1,004

 

Leasehold improvements

 

 

1,836

 

 

 

1,846

 

 

 

26,145

 

 

 

22,188

 

Less: accumulated depreciation and amortization

 

 

(11,392

)

 

 

(9,508

)

Property and equipment, net

 

$

14,753

 

 

$

12,680

 

Depreciation and amortization expense associated with property and equipment was $1.1 million and $0.9 million during the three months ended June 30, 2026 and 2025, respectively, and $2.1 million and $1.5 million during the six months ended June 30, 2026 and 2025, respectively.