Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment, Net (Tables)

v3.25.0.1
Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, which range from three to ten years.
Estimated useful life (years)
Furniture and fixtures
5 - 10 years
Machinery and equipment
5 - 10 years
Computer equipment and capitalized software
3 - 5 years
Buildings and leasehold improvements Shorter of the lease term or the estimated life of the assets
Property and equipment, net is comprised of the following:
December 31,
2024 2023
Furniture and fixtures
$ 5,608  $ 2,439 
Machinery and equipment
4,686  6,008 
Computer equipment and capitalized software
7,444  7,531 
Leasehold improvements
31,230  27,680 
Total property and equipment
48,968  43,658 
Less: accumulated depreciation
(17,706) (16,504)
Total property and equipment, net
$ 31,262  $ 27,154 
Depreciation expense consisted of the following:
Year Ended December 31,
2024 2023 2022
Selling expenses
$ 5,478 $ 5,264 $ 3,615
General and administrative expenses
1,072 2,341 2,541
Total depreciation expense
$ 6,550 $ 7,605 $ 6,156