Property and Equipment |
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| Property and Equipment | 7. Property and Equipment Property and equipment consist of the following (in thousands):
Information technology assets include software and consultant time used in the application, development and implementation of various systems including customer billing and resource management systems. As of March 31, 2026 and December 31, 2025, information technology includes $0.8 million and $0.9 million, respectively, of costs associated with assets not yet placed into service. Depreciation expense recorded in the condensed consolidated statements of operations was $0.5 million and $0.3 million for the three months ended March 31, 2026 and 2025.
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