Balance Sheet Detail

12 Months Ended

Dec. 31, 2021

4. Balance Sheet Detail

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


	Useful	December 31,			December 31,
	Life (Years)	2021			2020
Computer equipment and software	3 to 5	$	19,923		$	15,749
Internally developed software	3 to 6		27,099			10,438
Furniture and fixtures	5		6,425			6,651
Office equipment	3 to 5		1,275			1,006
Leasehold improvements	1 to 10		30,046			29,928
			84,768			63,772
Accumulated depreciation			(38,304	)		(29,059	)
Property and equipment—net		$	46,464		$	34,713

Depreciation expense was $12.4 million, $9.6 million, and $8.7 million, for the years ended December 31, 2021, 2020, and 2019, respectively.

Prepaid expenses and other current assets consisted of the following (in thousands):

	December 31,		December 31,
	2021		2020
Licenses and subscriptions	$	14,511	$	6,348
Prepaid and other current taxes		3,132		2,308
Deposits		3,746		4,570
Prepaid employee related expenses		2,780		1,516
Prepaid cloud computing implementation costs		1,708		340
Other		3,390		5,016
Total	$	29,267	$	20,098

Accrued expenses consisted of the following (in thousands):

	December 31,		December 31,
	2021		2020
Accrued bonus	$	40,853	$	29,518
Accrued partner commissions		13,088		9,173
Accrued payroll and related taxes		10,208		7,903
Employee stock purchase plan contributions		7,113		5,927
Accrued sales commissions		7,007		5,563
Contract liabilities		6,918		10,134
Accrued federal, state, local, and foreign taxes		3,926		4,338
Self-insurance reserves		2,401		1,563
Accrued interest payable		944		—
Other		17,334		10,413
Total	$	109,792	$	84,532