Property and Equipment, net

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Note 4. Property and Equipment, net

Property and equipment, net as of June 30, 2024 and December 31, 2023 consisted of the following (in thousands):


	June 30, 2024			December 31, 2023
Furniture and equipment	$	27,381		$	26,576
Capitalized software for internal use, acquired by business combination		232,367			232,505
Capitalized software for internal use, developed internally or otherwise purchased		100,516			86,704
Leasehold improvements		2,807			2,275
Total property and equipment		363,071			348,060
Less: accumulated depreciation and amortization		(299,608	)		(268,619	)
Property and equipment, net	$	63,463		$	79,441

Depreciation and amortization expense of property and equipment was approximately $15.7 million and $16.6 million for the three months ended June 30, 2024 and 2023, respectively. Depreciation and amortization expense of property and equipment was approximately $31.3 million and $33.1 million for the six months ended June 30, 2024 and 2023, respectively.