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Software, Property and Equipment, Net
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Software, Property and Equipment, Net Software, Property and Equipment, Net
Software, property and equipment, net consisted of the following (in thousands):
September 30, 2025December 31, 2024
Software$47,006 $43,821 
Leasehold improvements12,439 12,652 
Furniture and fixtures3,587 3,303 
Computers and other equipment3,092 2,584 
  Total66,124 62,360 
Accumulated amortization and depreciation(51,306)(45,208)
  Software, property and equipment, net$14,818 $17,152 

Depreciation expense attributable to software, property, and equipment was $0.4 million and $1.3 million for the three and nine months ended September 30, 2025, respectively. Depreciation expense attributable to software, property, and equipment was $0.4 million and $1.2 million for the three and nine months ended September 30, 2024, respectively. Depreciation expense attributable to software, property, and equipment is reflected in General and administrative on the condensed consolidated statements of operations and comprehensive loss. Amortization expense attributable to software, property and equipment was $1.7 million and $5.1 million for the three and nine months ended September 30, 2025, respectively. Amortization expense attributable to software, property and equipment was $2.1 million and $6.2 million for the three and nine months ended September 30, 2024, respectively. Amortization expense attributable to software, property, equipment is reflected in Technology, on the condensed consolidated statements of operations and comprehensive loss. Total additions to software were $3.5 million and $3.1 million for the nine months ended September 30, 2025 and 2024, respectively.
Substantially all software, property and equipment was located and utilized within the United States as of September 30, 2025 and December 31, 2024.