Quarterly report [Sections 13 or 15(d)]

Property and Equipment, Net

v3.25.3
Property and Equipment, Net
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
September 30,
2025
December 31,
2024
Computer software and hardware equipment $ 56,765  $ 52,208 
Furniture, fixtures and equipment 25,070  24,938 
Less: accumulated depreciation and amortization (57,348) (51,007)
$ 24,487  $ 26,139 
Depreciation expense for property and equipment was $2.2 million and $2.4 million for the three months ended September 30, 2025 and 2024, respectively, and $7.1 million for both the nine months ended September 30, 2025 and 2024.