Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 10 — Property and Equipment

Property and equipment, net, is comprised of the following:

	As of
	December 31, 2021			December 31, 2020
	(in thousands)
Leasehold Improvements	$	6,967		$	6,929
Furniture and Fixtures		1,591			1,591
Computer Hardware		880			745
Computer Software		879			879
Office Equipment		212			212
Capitalized Internal-Use Software Development Costs		245			—
Total		10,773			10,356
Less: Accumulated Depreciation and Amortization		(7,086	)		(5,980	)
Total	$	3,687		$	4,376

Depreciation and amortization is included in general and administrative expense and totaled $1.2 million for each of the years ended December 31, 2021, and 2020.

During the year ended December 31, 2021, the Company capitalized $0.2 million of internal-use software development costs. During the year ended December 31, 2021, no amortization expense was recognized related to capitalized internal-use software costs. As of and for the year ended December 31, 2020, the Company did not have capitalized internal-use software development costs.