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Property and Equipment, Net
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
The following summarizes our property and equipment (in thousands):
March 31, 2025December 31, 2024
Computer hardware$15,212 $14,734 
Furniture and equipment983 983 
Internal-use software development costs243,738 235,831 
Leasehold improvements1,490 1,479 
Total property and equipment261,423 253,027 
Accumulated depreciation expense(186,983)(179,876)
Total property and equipment, net$74,440 $73,151 

The Company capitalized $7.9 million and $4.5 million for the three months ended March 31, 2025 and 2024, respectively, of internal-use software development costs. The net book value of capitalized internal-use software development costs was $70.3 million and $68.7 million as of March 31, 2025 and December 31, 2024, respectively.
Depreciation expense related to property and equipment was $7.3 million and $7.5 million for the three months ended March 31, 2025 and 2024, respectively, of which amortization expense related to capitalized internal-use software development costs was $6.3 million and $6.3 million for the three months ended March 31, 2025 and 2024, respectively.