Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consist of the following:

	December 31,
	2023		2022
Computer hardware, software and equipment	$	4,730	$	7,229
Leasehold improvements	716		460
Internally developed software	698		-
Furniture and fixtures	693		73
Construction in progress	393		163
Total cost	7,230		7,925
Less: accumulated depreciation	(3,491)		(6,352)
Property and equipment, net	$	3,739	$	1,573

The Company recorded depreciation expense of $1.1 million and $0.9 million during the years ended December 31, 2023 and 2022, respectively. During the year ended December 31, 2023, the Company disposed of computer hardware, software and equipment with a cost and accumulated depreciation balance of $3.8 million, and recognized a gain on this disposal of $41 thousand.