v3.25.4
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
December 31,
20252024
Computer software and hardware equipment$56,758 $52,208 
Furniture, fixtures and equipment24,544 24,938 
Less: accumulated depreciation and amortization(57,425)(51,007)
$23,877 $26,139 
Depreciation expense for property and equipment was $10.0 million, $9.4 million and $8.9 million for the years ended December 31, 2025, 2024 and 2023, respectively.
During the years ended December 31, 2025 and 2024, the Company wrote-off $3.6 million and $6.8 million, respectively, of property and equipment, primarily related to fully depreciated assets, disposed assets, and abandoned construction-in-progress.