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Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 3. Property and Equipment, Net

The details of property and equipment, net and related accumulated depreciation, are set forth below:

 

 

 

As of December 31, 2025

 

 

As of December 31, 2024

 

Computer equipment and purchased software

 

$

39,218

 

 

$

30,429

 

Office equipment and furniture

 

 

1,747

 

 

 

1,439

 

Leasehold improvements

 

 

4,880

 

 

 

2,704

 

Property and equipment, gross

 

$

45,845

 

 

$

34,572

 

Less: Accumulated depreciation

 

 

(30,452

)

 

 

(25,716

)

Property and equipment, net

 

$

15,393

 

 

$

8,856

 

 

Depreciation expense for the years ended December 31, 2025 and 2024 was $4,909 and $4,193, respectively.

During the years ended December 31, 2025 and 2024, the gross amount of certain fully depreciated property and equipment, no longer in use, was off-set with an equal amount of accumulated depreciation of $173 and $157, respectively.