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Property and equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and equipment Property and equipment
Property and equipment consisted of the following at (in thousands):
December 31,
20252024
Furniture & fixtures$10,268 $10,369 
Computer equipment6,552 5,443 
Network equipment802 481 
Phone system200 227 
Leasehold improvements37,387 35,288 
Total55,209 51,808 
Less accumulated depreciation(33,660)(27,707)
Property and equipment, net$21,549 $24,101 

Depreciation expense was $6.7 million, $7.3 million, and $7.6 million for the years ended December 31, 2025, 2024, and 2023, respectively.