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Hosting Arrangements | 12 Months Ended
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Dec. 31, 2025
Hosting Arrangements |
Hosting Arrangements | 11. Hosting Arrangements Capitalized implementation costs and accumulated amortization related to our hosting arrangements that are service contracts are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
(in thousands) | ​ | 2025 | ​ | 2024
Hosting arrangements | ​ | $ | 23,095 | ​ | $ | 20,002
Accumulated amortization | ​ |  | (11,664) | ​ |  | (8,329)
Hosting arrangements, net | ​ | $ | 11,431 | ​ | $ | 11,673
​ These costs are included in other assets in our consolidated balance sheets. Amortization expense, which is recorded in SG&A in our consolidated statements of operations, was $3.3 million, $3.0 million and $2.6 million during the years ended December 31, 2025, 2024 and 2023, respectively.

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