Quarterly report [Sections 13 or 15(d)]

Property and Equipment, Net

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 consisted of the following (in thousands):
June 30,
2026
December 31,
2025
Computer software and hardware equipment $ 59,696  $ 56,758 
Furniture, fixtures and equipment 24,720  24,544 
Less: accumulated depreciation and amortization (61,306) (57,425)
$ 23,110  $ 23,877 
Depreciation expense for property and equipment was $2.0 million and $2.6 million for the three months ended June 30, 2026 and 2025, respectively, and $4.0 million and $4.9 million for the six months ended June 30, 2026 and 2025, respectively.