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Property and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

As of June 30, 2026 and December 31, 2025, property and equipment, net consisted of the following:

 

 

 

As of
June 30,
2026

 

 

As of
December 31,
2025

 

 

 

(dollars in thousands)

 

Capitalized equipment

 

$

7,425

 

 

$

7,445

 

Capitalized internal-use software

 

 

23,857

 

 

 

22,701

 

Capitalized website development

 

 

80,783

 

 

 

66,355

 

Furniture and fixtures

 

 

8,069

 

 

 

10,294

 

Leasehold improvements

 

 

77,506

 

 

 

86,127

 

 

 

 

197,640

 

 

 

192,922

 

Less accumulated depreciation and amortization

 

 

(68,090

)

 

 

(59,970

)

Total

 

$

129,550

 

 

$

132,952