Property and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property and equipment, net consisted of the following:

	As of March 31,		As of December 31,
in thousands	2022		2021
Internal-use software	$	32,755	$	29,047
Server equipment	28,265		28,176
Leasehold improvements	82,013		80,301
Computer equipment	24,258		21,470
Land	13,383		13,383
Buildings	61,346		61,346
Furniture and fixtures	3,021		2,857
Software	3,252		3,252
Construction in progress	16,170		10,717
Total property and equipment	$	264,463	$	250,549
Accumulated depreciation and amortization	(65,071)		(58,222)
Property and equipment, net	$	199,392	$	192,327

The Company recognized depreciation and amortization expense related to its property and equipment as follows:

	Three Months Ended March 31,
in thousands	2022		2021
Cost of revenue	$	6,097	$	5,106
Research and development	1,364		650
Sales and marketing	2,005		1,211
General and administrative	472		241
Total depreciation and amortization expense	$	9,938	$	7,208