Property and Equipment

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consisted of the following (in thousands):

	March 31, 2024						December 31, 2023
	Gross Assets		Accumulated Depreciation		Total		Gross Assets		Accumulated Depreciation		Total
Furniture, fixtures, and equipment	$	5,955	$	(4,094)	$	1,861	$	6,611	$	(3,909)	$	2,702
Automobiles	87		(87)		—		87		(87)		—
Leasehold improvements	4,442		(2,072)		2,370		3,570		(1,951)		1,619
Total	$	10,484	$	(6,253)	$	4,231	$	10,268	$	(5,947)	$	4,321

Depreciation expense for property and equipment for both the three months ended March 31, 2024 and 2023 was $0.3 million. This expense was recorded in “general and administrative expenses” for each period.