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Property and Equipment and Long-Lived Assets (Tables)
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Summary of Components of Property and Equipment

Property and equipment consist of the following as of June 30, 2022 and December 31, 2021 (in thousands):

 

 

 

 

 

June 30,

 

 

December 31,

 

 

 

Useful Life

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

Technology hardware

 

3 years

 

$

2,577

 

 

$

2,220

 

Manufacturing equipment

 

5 years

 

 

2,448

 

 

 

2,946

 

Capitalized software development

 

3 years

 

 

17,852

 

 

 

13,126

 

Patent

 

17 years

 

 

157

 

 

 

157

 

Leasehold improvements

 

Shorter of useful
life or lease term

 

 

1,258

 

 

 

1,222

 

Furniture and fixtures

 

7 years

 

 

1,099

 

 

 

1,155

 

Total

 

 

 

 

25,391

 

 

 

20,826

 

Less accumulated depreciation

 

 

 

 

(11,948

)

 

 

(10,539

)

Property and Equipment, net

 

 

 

$

13,443

 

 

$

10,287

 

Summary of Depreciation Expense

Depreciation expense for the three and six months ended June 30, 2022 and 2021 was as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of revenue

$

24

 

 

$

12

 

 

$

58

 

 

$

49

 

Sales and marketing

 

-

 

 

 

6

 

 

 

-

 

 

 

11

 

Operations and support

 

16

 

 

 

56

 

 

 

27

 

 

 

88

 

Product development

 

723

 

 

 

591

 

 

 

1,428

 

 

 

1,161

 

General and administrative

 

181

 

 

 

22

 

 

 

365

 

 

 

43

 

Total depreciation expense

$

944

 

 

$

687

 

 

$

1,878

 

 

$

1,352