Property and Equipment

6 Months Ended

Jun. 30, 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
	June 30, 2022			December 31, 2021
	(in thousands)
Leasehold Improvements	$	8,253		$	6,967
Furniture and Fixtures		1,591			1,591
Computer Hardware		1,223			880
Computer Software		912			879
Office Equipment		218			211
Capitalized Internal-Use Software Development Costs		426			245
Total		12,623			10,773
Less: Accumulated Depreciation and Amortization		(7,633	)		(7,086	)
Total	$	4,990		$	3,687

Depreciation is included in general and administrative expense and totaled approximately $0.3 million and $0.6 million, respectively, for each of the three and six months ended June 30, 2022 and 2021.

During the three and six months ended June 30, 2022, the Company capitalized $0.1 million and $0.2 million of internal-use software development costs, respectively. During each of the three and six months ended June 30, 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 and six months ended June 30, 2021, the Company did not have capitalized internal-use software development costs.