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Property and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment and Depreciation and Amortization

Property and equipment, net are as follows (in thousands):


	Useful Life (years)	March 31, 2025		December 31, 2024
Residence leasehold improvements	3	$	19,155	$	19,665
Internal-use software	3	18,191		17,975
Corporate office leasehold improvements	3	3,901		3,901
Furniture, fixtures and equipment	5	1,356		1,292
Computer equipment	3	1,198		1,136
Residence vehicles	5	535		582
Property and equipment, gross		44,336		44,551
Accumulated depreciation and amortization		(32,345)		(30,472)
Property and equipment, net		$	11,991	$	14,079

Components of depreciation and amortization were as follows (in thousands):


	Three Months Ended March 31,
		2025		2024
Internal-use software		$	1,238	$	1,150
Furniture, fixtures and equipment		1,260		957
Residence leasehold improvements		220		304
Corporate office leasehold improvements		120		121
Computer equipment		21		56
Residence vehicles		31		40
Total depreciation and amortization		$	2,890	$	2,628

Depreciation and amortization was recognized within the Condensed Consolidated Statements of Operations and Comprehensive Income under the following line items (in thousands):


	Three Months Ended March 31,
		2025		2024
Cost of revenue		$	1,503	$	1,289
General and administrative		383		338
Depreciation and amortization		1,004		1,001
Total depreciation and amortization		$	2,890	$	2,628