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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
The balance of property and equipment, net is as follows (in thousands):
December 31, 2025December 31, 2024
Computer equipment and capitalized software$29,605 $32,415 
Leasehold improvements24,052 29,206 
Furniture and other equipment5,626 6,864 
Aircraft— 2,598 
Projects in progress1,938 5,072 
Total gross property and equipment61,221 76,155 
Accumulated depreciation(28,387)(33,375)
Total property and equipment, net$32,834 $42,780 
Unamortized capitalized software development costs recorded in property and equipment, whether in service or under development, are $13.7 million and $15.1 million at December 31, 2025 and 2024, respectively. Capitalized software development depreciation expense was $12.3 million, $13.5 million and $13.4 million for the years ended December 31, 2025, 2024 and 2023, respectively.
Long-lived assets located outside the United States, the Company's country of domicile, were immaterial at December 31, 2025 and December 31, 2024.