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Property and Equipment, net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net consists of the following (in thousands):
December 31,
20242023
Computer equipment$2,796 $4,438 
Furniture and fixtures5,292 5,521 
Office equipment3,729 3,761 
Leasehold improvements28,787 24,208 
Construction in process357 5,499 
Gross property and equipment40,961 43,427 
Less: Accumulated depreciation(16,478)(15,065)
Total property and equipment, net$24,483 $28,362 
Depreciation expense for property and equipment totaled $5.2 million, $7.3 million, and $5.1 million for the years ended December 31, 2024, 2023 and 2022, respectively. During the year ended December 31, 2022, we recorded an impairment of $4.4 million related to property and equipment associated with our leased office spaces. For additional information, see Note 11, Leases.