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PROPERTY and EQUIPMENT, net
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY and EQUIPMENT, net PROPERTY and EQUIPMENT, net
Property and equipment, net, consists of the following:
(In thousands)June 30, 2025December 31, 2024
Leasehold improvements$26,918 $26,938 
Furniture, fixtures and equipment11,769 8,415 
Total property and equipment38,687 35,353 
Less: accumulated depreciation(19,002)(16,410)
Total property and equipment, net$19,685 $18,943 
Depreciation expense is included within the following financial statement line items within the Company’s Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2025202420252024
Research and development$869 $500 $1,625 $940 
Sales and marketing106 59 201 111 
General and administrative364 582 766 1,157 
Total$1,339 $1,141 $2,592 $2,208