Property and Equipment

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

Note 8: Property and Equipment

Property and equipment consisted of the following:


	September 30,			December 31,
(In Thousands)	2025			2024
Computer and other related equipment	$	1,096		$	1,198
Purchased software		3,276			3,276
Furniture and fixtures		10			262
Software development costs		574			—
Software development costs - in progress		463			72
	$	5,419		$	4,808
Less: accumulated depreciation and amortization		(3,697	)		(2,997	)
Property and equipment, net	$	1,722		$	1,811

During the nine months ended September 30, 2025, the Company recorded a loss on disposal of $25.0 thousand that is included within Product development on the Consolidated Statement of Operations. During the three months ended September 30, 2025, the Company also recorded a loss on disposal of $84.6 thousand, for assets that were located at the office space associated with the operating lease termination described in Note 9: Leases below, that is included within Interest income (expense) and other, net on the Consolidated Statement of Operations.

In accordance with ASC 350-40, Internal-Use Software, the Company capitalizes eligible software development costs into Property and equipment, net on the Consolidated Balance Sheets. Under ASC 350-40, development costs for applicable projects will begin capitalization once the preliminary project stage is completed, management has committed to fully funding the computer software project, and it is probable that the project will be seen to completion and the software will be used to perform the function intended. Eligible costs for the development of software as a service ("SaaS") products for customer-use are capitalized to the extent they are recoverable by the anticipated net realizable value of the product until it is available to customers.

Depreciation and amortization expense related to property and equipment was as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
(In Thousands)	2025		2024		2025		2024
Depreciation and amortization expense	$	312	$	411	$	1,025	$	1,029