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Balance Sheet Components
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components
Note 9: Balance Sheet Components
Prepaid expenses and other current assets consisted of the following (in thousands):
December 31,
20222021
Prepaid expenses$7,857 $6,393 
Forgivable loans5,951 4,316 
Other current assets1,219 1,022 
Total prepaid expenses and other current assets$15,027 $11,731 
Property, equipment, and software, net, consisted of the following (in thousands):
December 31,
20222021
Internally developed software$29,491 $14,548 
Computer equipment5,172 4,451 
Purchased software6,433 6,644 
Leasehold improvements16,944 16,953 
Airplane3,770 3,770 
Office furniture7,257 7,257 
Office equipment2,425 2,423 
Data center servers1,253 984 
Capital projects in progress (1)
11,237 13,200 
Property, equipment, and software, gross83,982 70,230 
Less: Accumulated depreciation(30,941)(20,190)
Total property, equipment, and software, net$53,041 $50,040 
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(1)Represents costs that have been capitalized for internally developed software projects that have not yet been placed into service.
The net carrying value of internally developed software was $26.5 million and $19.4 million as of December 31, 2022 and 2021, respectively. We recorded depreciation expense for internally developed software of $5.9 million, $3.4 million, and $2.5 million for the years ended December 31, 2022, 2021, and 2020, respectively.
Accrued expenses and other current liabilities consisted of the following (in thousands): 
December 31,
20222021
Salaries and related benefit expenses$17,481 $18,211 
HKFS Contingent Consideration liability (2)
— 28,300 
Accrued legal costs1,102 2,796 
Accrued vendor and advertising costs2,726 2,040 
Accrued taxes (3)
85,965 — 
Accrued fixed and variable acquisition consideration897 837 
Other3,041 3,474 
Total accrued expenses and other current liabilities$111,212 $55,658 
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(2)For more information on our contingent liabilities, see “Note 10—Commitments and Contingencies.”
(3)A significant portion of accrued taxes relate to federal and state income taxes, including those related to the TaxAct Sale. See “Note 16—Income Taxes” for more information.
Other long-term liabilities consisted of the following (in thousands): 
December 31,
20222021
Deferred compensation$7,974 $— 
Accrued cash-settled stock-based compensation7,556 1,391 
Other6,946 5,361 
Other long-term liabilities$22,476 $6,752