Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Cash and cash equivalents

The following represents the Company’s cash, cash equivalents, and restricted cash as of the periods presented:

	December 31,
	2022		2021		2020
Cash and cash equivalents	$	153,209	$	168,226	$	54,862
Restricted cash, current	1,500		—		—
Restricted cash, non-current	3,334		3,333		3,333
Total cash, cash equivalents and restricted cash	$	158,043	$	171,559	$	58,195

Restricted cash

The following represents the Company’s cash, cash equivalents, and restricted cash as of the periods presented:

	December 31,
	2022		2021		2020
Cash and cash equivalents	$	153,209	$	168,226	$	54,862
Restricted cash, current	1,500		—		—
Restricted cash, non-current	3,334		3,333		3,333
Total cash, cash equivalents and restricted cash	$	158,043	$	171,559	$	58,195

Property and equipment, net

The general range of useful lives of property and equipment is as follows:

	Estimated Useful Life
Leasehold improvements	Lesser of lease term or life of asset
Furniture and fixtures	3 years
Computer equipment and software	3 years
Internal-use software	Lesser of contract term or 3 years

As of December 31, 2022 and 2021, property and equipment, net consisted of the following:

	December 31,
(in thousands)	2022		2021
Internal-use software	$	18,418	$	16,346
Leasehold improvements	3,594		3,591
Furniture and fixtures	1,114		1,107
Computer equipment and software	851		882
Construction in progress	562		1,047
Total property and equipment, gross	24,539		22,973
Less: accumulated depreciation and amortization	(20,854)		(18,514)
Total property and equipment, net	$	3,685	$	4,459

Intangible assets

Intangible assets are amortized on a straight-line basis over their estimated useful lives as presented below:

Asset	Estimated Useful Life
Customer relationships	15 years
Trade names and associated trademarks	5-10 years
Acquired and developed technology	3 years
Other	3 years

Intangible assets consisted of the following as of December 31, 2021:

	December 31, 2021
(in thousands)	Weighted Average Remaining Amortization Period (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	12.3	$	1,230	$	219	$	1,011
Acquired and developed technology	0.1	6,400		6,366		34
Trade names and associated trademarks	1.6	705		595		110
Other intangible assets subject to amortization	—	64		64		—
Other intangible assets not subject to amortization	—	9		—		9
Total intangible assets	2.4	$	8,408	$	7,244	$	1,164

Restructuring Costs

The following table displays a rollforward of the charges to the accrued balance as of December 31, 2022.

(in thousands)	Restructuring Charges
Balance, December 31, 2021	$	—
Restructuring charges	660
Cash payments	(596)
Balance, December 31, 2022	$	64

The expense is included within the respective financial statement line items on the consolidated statement of operations as shown in the table below for the year ended December 31, 2022.

(in thousands)	Year Ended December 31, 2022
Cost of revenue	$	58
Sales and marketing	333
Technology development	201
General and administrative	68
Total	$	660