Property and Equipment

12 Months Ended

Dec. 31, 2021

Property Plant And Equipment [Abstract]

Property and Equipment

7. Property and equipment

Property and equipment, which includes computer software that was purchased or developed for internal use, is composed of the following:

	As of December 31,
(in thousands)	2021			2020
Computer equipment	$	9,081		$	7,938
Computer software		3,313			2,347
Furniture and fixtures		1,582			2,379
Leasehold improvements		6,234			7,943
		20,210			20,607
Less: accumulated depreciation and amortization		(12,781	)		(13,485	)
Property and equipment, net	$	7,429		$	7,122

Depreciation expense on property and equipment was $2.8 million, $3.1 million and $2.6 million for the years ended December 31, 2021, 2020 and 2019, respectively.