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Property and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment is stated at cost net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of assets as follows:
Asset TypeDepreciation Period
Computer equipment3 years
Furniture and fixtures7 years
Office equipment
3 to 5 years
Leasehold improvementsShorter of remaining life of lease or asset life
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