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Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment consist of the following (in thousands):
 Estimated
Useful Life
(in years)
December 31,
20252024
Machinery and equipment
3-5
$449 $323 
Computers and hardware33,2382,362
Leasehold improvementslease term4,8504,397
Furniture and fixtures72,9482,227
Capitalized software
3-5
30,78611,442
Property and equipment, gross$42,271 $20,751 
Less: accumulated depreciation(12,344)(8,368)
Total property and equipment, net$29,927 $12,383 
Depreciation expense was approximately $4.1 million, $3.1 million and $2.2 million for the years ended December 31, 2025, 2024 and 2023, respectively.
During the years ended December 31, 2025, 2024, and 2023, the Company capitalized $2.8 million, $1.4 million, and $0.6 million, respectively, in stock-based compensation related to the development of internal-use software.