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Property, Equipment, and Software Development Costs (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Depreciation is recorded using the straight-line method over the estimated useful life of each asset, which are as follows:
Computer equipment
3 years
Leasehold improvements
Lesser of estimated useful life or lease term
Furniture and fixtures
8 years
Property and equipment consist of the following (in thousands):
December 31,
20252024
Computer equipment$3,256 $3,080 
Leasehold improvements17,138 5,859 
Furniture and fixtures5,518 2,687 
Other551 — 
Property and equipment26,463 11,626 
Less: Accumulated depreciation(3,029)(9,675)
Property and equipment, net$23,434 $1,951 
Software Development Costs
Software development costs consist of the following (in thousands):
December 31,
20252024
Capitalized software development costs$48,358 $34,288 
Less: Accumulated amortization(24,165)(18,087)
Capitalized software development costs, net$24,193 $16,201