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Property and equipment, net
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and equipment, net Property and equipment, net
The following table sets forth the Company’s property and equipment, net:
December 31,
20252024
Cost:
Computers, peripheral equipment, software and laboratory equipment
$44,464 $41,977 
Office furniture7,294 4,873 
Production equipment19,039 16,456 
Land and building$34,953 $34,532 
Leasehold improvements13,727 12,132 
Total cost$119,477 $109,970 
Accumulated depreciation and amortization(41,871)(32,310)
Depreciated cost$77,606 $77,660 
The Company capitalized software costs according to FASB's ASC 350-40, "Accounting for the Costs of Computer Software Developed or Obtained for Internal Use. Amortization of capitalized software costs for the years ended December 31, 2025, 2024 and 2023 was $1,519, $1,369 and $1,274, respectively.
Depreciation expense was $9,396, $6,166 and $3,939 for the years ended December 31, 2025, 2024 and 2023, respectively.
Write downs of $3,141, $205 and $10 were identified for the years ended December 31, 2025, 2024 and 2023, respectively.