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Property and Equipment, Net
6 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

Note 7—Property and Equipment, Net:

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

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Leasehold improvements

 

$

3,779

 

 

$

3,779

 

Computer equipment

 

 

2,698

 

 

 

2,698

 

Telephone equipment

 

 

340

 

 

 

340

 

Furniture and fixtures

 

 

2,359

 

 

 

2,346

 

 

 

 

9,176

 

 

 

9,163

 

Less: accumulated depreciation

 

 

(6,317

)

 

 

(5,859

)

Totals

 

$

2,859

 

 

$

3,304

 

 

For the three and six months ended June 30, 2020, the Company incurred depreciation expense of $0.3 million and $0.5 million, respectively.