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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
NOTE 5. Property and Equipment, Net
The following table summarizes the Company’s property and equipment (in thousands):
December 31,
20242023
Computer equipment and software$49,094 $38,012 
Furniture and fixtures1,774 1,905 
Leasehold improvements1,977 1,977 
52,845 41,894 
Less: accumulated depreciation(24,676)(14,318)
Property and equipment, net$28,169 $27,576 
For the years ended December 31, 2024, 2023, and 2022, the Company recognized $12.2 million, $8.0 million, and $3.9 million, respectively, in depreciation expense, which is included in depreciation and amortization expense in the consolidated statements of operations.