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Property and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
(5)
Property and Equipment, Net

The costs and related accumulated depreciation and amortization of major classes of property:

 

 

For the year ended December 31,

 

(in thousands)

 

2024

 

 

2023

 

 

 

 

 

 

 

 

Equipment

 

 

16,597

 

 

 

12,387

 

Furniture and fixtures

 

 

6,678

 

 

 

5,467

 

Leasehold improvements

 

 

55,275

 

 

 

43,022

 

Other assets

 

 

414

 

 

 

414

 

Construction in progress

 

 

12,809

 

 

 

4,894

 

 

$

91,773

 

 

$

66,184

 

Less accumulated depreciation and amortization

 

 

(39,134

)

 

 

(32,277

)

Property and Equipment, Net

 

$

52,639

 

 

$

33,907

 

 

The construction in progress balance on December 31, 2024 and 2023 is related to new stores being developed as of such dates for subsequent openings.

Total depreciation and amortization, including corporate depreciation and amortization for the year ended December 31, 2024 and December 31, 2023 was approximately $6.9 million and $4.9 million, respectively.