| Schedule of Property, Plant and Equipment and Depreciation and Amortization |
Property and equipment, net are as follows (in thousands): | | | | | | | | | | | | | | | | | | | Useful Life (years) | | September 30, 2025 | | December 31, 2024 | | Residence leasehold improvements | 3 | | $ | 18,844 | | | $ | 19,665 | | | Internal-use software | 3 | | 18,951 | | | 17,975 | | | Corporate office leasehold improvements | 3 | | 3,901 | | | 3,901 | | | Furniture, fixtures and equipment | 5 | | 1,365 | | | 1,292 | | | Computer equipment | 3 | | 1,198 | | | 1,136 | | | Residence vehicles | 5 | | 522 | | | 582 | | | Property and equipment, gross | | | 44,781 | | | 44,551 | | | Accumulated depreciation and amortization | | | (34,933) | | | (30,472) | | | Property and equipment, net | | | $ | 9,848 | | | $ | 14,079 | |
Components of depreciation and amortization were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Internal-use software | $ | 1,205 | | | $ | 1,228 | | | $ | 3,705 | | | $ | 3,563 | | | Furniture, fixtures and equipment | 983 | | | 1,396 | | | 2,931 | | | 3,512 | | | Residence leasehold improvements | 147 | | | 252 | | | 535 | | | 828 | | | Corporate office leasehold improvements | 120 | | | 121 | | | 361 | | | 362 | | | Computer equipment | 13 | | | 31 | | | 56 | | | 140 | | | Residence vehicles | 30 | | | 36 | | | 77 | | | 107 | | | Total depreciation and amortization | $ | 2,498 | | | $ | 3,064 | | | $ | 7,665 | | | $ | 8,512 | |
Depreciation and amortization was recognized within the Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income under the following line items (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Cost of revenue | $ | 1,149 | | | $ | 1,676 | | | $ | 3,516 | | | $ | 4,418 | | | General and administrative | 401 | | | 378 | | | 1,182 | | | 1,070 | | | Depreciation and amortization | 948 | | | 1,010 | | | 2,967 | | | 3,024 | | | Total depreciation and amortization | $ | 2,498 | | | $ | 3,064 | | | $ | 7,665 | | | $ | 8,512 | |
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