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Property and Equipment, net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net consists of the following ($ in millions):
December 31,
20222021
Computer equipment and software$20.7 $11.7 
Leasehold improvements13.4 4.6 
Furniture and equipment3.7 1.3 
37.8 17.6 
Accumulated depreciation(18.2)(5.9)
Property and equipment, net$19.6 $11.7 
Depreciation expense was $6.9 million, $3.7 million and $1.7 million for the years ended December 31, 2022, 2021 and 2020, respectively, and included in general and administrative expenses on the consolidated statements of operations and comprehensive loss.
The Company capitalized costs related to the development of internal-use software of $16.0 million and $8.1 million for the years ended December 31, 2022 and 2021, respectively. Capitalized amounts are included as a component of property and equipment under computer equipment and software.