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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment, net consisted of the following:
(in thousands)
June 30, 2025December 31, 2024
Computer software and equipment
$21,462$21,051
Internally developed software40,47639,944
Furniture and fixtures
5,7725,140
Leasehold improvements
32,75624,524
Total
100,46690,659
Less: accumulated depreciation and amortization
(57,889)(51,394)
Property and equipment, net
$42,577$39,265
Depreciation and amortization related to property and equipment was $4.3 million, $2.8 million, $8.3 million and $6.4 million in the three months ended June 30, 2025 and 2024 and the six months ended June 30, 2025 and 2024, respectively.
In the three months ended June 30, 2024, we recorded a $4.5 million impairment for furniture and fixtures and leasehold improvements. See Note 7 for additional information.