Property and Equipment

6 Months Ended

Jun. 30, 2025

Property, Plant and Equipment [Abstract]

NOTE 4 – PROPERTY AND EQUIPMENT

The Company’s property and equipment, net consisted of the following (in thousands):


	As of
	June 30, 2025			December 31, 2024
Leasehold improvements	$	9,209		$	9,038
Capitalized software costs		5,801			5,264
Furniture and equipment		4,024			3,767
Construction in progress		82			244
Gross property and equipment		19,116			18,313
Less: Accumulated depreciation and amortization		(9,833	)		(8,229	)
Property and equipment, net	$	9,283		$	10,084

Depreciation and amortization expense was $0.8 million and $0.7 million for the three months ended June 30, 2025 and 2024, respectively, and $1.6 million and $1.4 million for the six months ended June 30, 2025 and 2024, respectively.