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PROPERTY and EQUIPMENT, net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY and EQUIPMENT, net PROPERTY and EQUIPMENT, net
Property and equipment consists of the following as of December 31, 2024 and December 31, 2023:
(In thousands)December 31, 2024December 31, 2023
Leasehold improvements$26,938 $18,191 
Furniture, fixtures and equipment8,415 5,869 
Total property and equipment35,353 24,060 
Less: accumulated depreciation(16,410)(12,268)
Total property and equipment, net$18,943 $11,792 
Depreciation expense is included within the following financial statement line items within the Company’s Consolidated Statements of Operations and Comprehensive Income (Loss).
Year Ended December 31,
(In thousands)202420232022
Research and development$2,358 $1,650 $1,500 
Sales and marketing281 190 190 
General and administrative2,326 2,260 1,428 
Total$4,965 $4,100 $3,118