Property and Equipment

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 10—Property and Equipment

Property and Equipment, Net of Accumulated Depreciation is comprised of the following:

	As of
	March 31, 2022			December 31, 2021
	(in thousands)
Leasehold Improvements	$	7,092		$	6,967
Furniture and Fixtures		1,591			1,591
Computer Hardware		1,242			880
Computer Software		879			879
Office Equipment		218			211
Capitalized Internal-Use Software Development Costs		348			245
Total		11,370			10,773
Less: Accumulated Depreciation and Amortization		(7,367	)		(7,086	)
Total	$	4,003		$	3,687

Depreciation is included in general and administrative expense and totaled approximately $0.3 million for each of the three months ended March 31, 2022 and 2021.

During the three months ended March 31, 2022, the Company capitalized $0.1 million of internal-use software development costs. During the three months ended March 31, 2022, the Company recognized less than $0.1 million in amortization expense related to capitalized internal-use software costs. As of and for the three months ended March 31, 2021, the Company did not have capitalized internal-use software development costs.