v3.26.1
Equipment and Software, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Equipment and Software, Net Equipment and Software, Net
Equipment and software as of the periods presented are composed of the following (in thousands):
As of
June 30, 2026December 31, 2025
Computer equipment and software$5,467 $5,137 
Furniture and office equipment1,260 1,101 
Leasehold improvements1,122 1,122 
Capitalized internally developed software
15,434 10,996 
Total Equipment and Software23,283 18,356 
Less accumulated depreciation and amortization(8,205)(5,176)
Equipment and Software, net$15,078 $13,180 

Total depreciation and amortization expense was $1.8 million and $3.0 million for the three and six months ended June 30, 2026, respectively, and $0.3 million and $0.5 million for the three and six months ended June 30, 2025, respectively.

Equipment and software by geography as of the periods presented are as follows (in thousands).

As of
June 30, 2026December 31, 2025
United States$13,379 $11,563 
International (1)
1,699 1,617 
Equipment and Software, net$15,078 $13,180 
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(1)     No individual country accounted for more than 10% of total equipment and software, net, as of June 30, 2026 and December 31, 2025.