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Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Depreciation and Amortization on Property and Equipment Using the Straight-Line Method

Depreciation on property and equipment is calculated using the straight-line method over the estimated useful lives of the assets, generally two to ten years. Leasehold improvements are amortized using the straight-line method over the shorter of the estimated useful life or the lease term.

 

 

 

June 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Office furniture and fixtures

 

$

1,650

 

 

$

1,650

 

Software

 

 

4,703

 

 

 

4,379

 

Equipment

 

 

5,150

 

 

 

5,041

 

Leasehold improvements

 

 

1,658

 

 

 

1,721

 

Gross property and equipment

 

 

13,161

 

 

 

12,791

 

Less accumulated depreciation and amortization

 

 

(9,802

)

 

 

(9,141

)

Property and equipment, net

 

$

3,359

 

 

$

3,650