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Property and Equipment, net
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment consisted of the following at March 31, 2023 and December 31, 2022 (in thousands):
 March 31, 2023December 31, 2022
Computer equipment and internally developed software$88,251 $88,638 
Furniture and fixtures3,013 3,013 
Leasehold improvements11,740 11,740 
 103,004 103,391 
Less: Accumulated depreciation(83,624)(84,489)
Total property and equipment, net$19,380 $18,902 
Included in the table above are property and equipment of $2.0 million and $1.5 million at March 31, 2023 and December 31, 2022, respectively, which are capitalizable but had not yet been placed in service. These balances were comprised primarily of capitalized software not ready for its intended use.
Total depreciation and amortization expense of property and equipment was $3.0 million and $3.2 million for the three months ended March 31, 2023 and 2022, respectively.
Amortization of internal use capitalized software development costs was $2.8 million and $2.8 million for the three months ended March 31, 2023 and 2022, respectively.
During the three months ended March 31, 2023, the Company disposed of or retired certain fully depreciated computer equipment and internally developed software with an original cost basis of $3.5 million.