Property and Equipment

6 Months Ended

Jun. 30, 2022

Property and Equipment

Property and Equipment

Note 7 – Property and Equipment

The major classes of property and equipment are as follows:

in thousands	June 30, 2022		December 31, 2021
Office equipment and software	$	14,728	$	14,327
Leasehold improvements		10,058		10,296
Furniture and fixtures		4,187		4,223
Capitalized software		198		—
Total		29,171		28,846
Accumulated depreciation		(19,041)		(18,089)
Property and equipment, net	$	10,130	$	10,757

Depreciation expense was $0.7 million and $1.4 million for the three and six months ended June 30, 2022 respectively, compared to $0.7 million and $1.5 million for the three and six months ended June 30, 2021, respectively.