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
Property and equipment, net consists of (in thousands):
June 30, December 31,
2026 2025
Leasehold improvements $ 51,718  $ 38,420 
Computer equipment 18,773  18,996 
Furniture and fixtures 9,824  9,493 
Computer software 2,996  3,177 
Office equipment 1,214  1,060 
Assets under construction 1,846  4,707 
Total property and equipment 86,371  75,853 
Less: accumulated depreciation and amortization (41,982) (40,158)
Total property and equipment, net $ 44,389  $ 35,695 
Depreciation and amortization expense for the three months ended June 30, 2026 and 2025 was $2.3 million and $1.9 million, respectively, and $4.5 million and $3.8 million for the six months ended June 30, 2026 and 2025, respectively. As of June 30, 2026 and December 31, 2025, the amount of office equipment under finance leases was not material.