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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
Property and equipment, net, consists of the following:
(In thousands)March 31, 2025December 31, 2024
Leasehold improvements$26,753 $26,938 
Furniture, fixtures and equipment10,071 8,415 
Total property and equipment36,824 35,353 
Less: accumulated depreciation(17,663)(16,410)
Total property and equipment, net$19,161 $18,943 
Depreciation expense is included within the following financial statement line items within the Company’s Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income.
Three Months Ended March 31,
(In thousands)20252024
Research and development$756 $440 
Sales and marketing95 52 
General and administrative402 575 
Total$1,253 $1,067