Property and Equipment, net (Q1)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Property and Equipment, net [Abstract]

Property and Equipment, net

8. Property and Equipment, net

Property and equipment, net consists of the following:

	March 31, 2021			December 31, 2020
Assets held under capital leases – computer, print and mail equipment and software	$	3,784		$	3,752
Computer, print and mail equipment		8,293			7,998
Furniture and fixtures		4,073			4,073
Leasehold improvements		12,133			12,120
Software		1,437			1,437
Vehicles		115			115
Internal software development		2,759			2,644
Construction in progress		157			79
		32,751			32,218
Less: accumulated depreciation and amortization		(16,371	)		(15,568	)
Total	$	16,380		$	16,650

Depreciation and amortization expense of property and equipment was $803 and $854 for the three months ended March 31, 2021 and 2020, respectively, and includes $60 and $75 relating to software and $60 and $66 relating to print equipment during the three months ended March 31, 2021 and 2020 respectively, for property and equipment used in the Company’s print facilities. Included in accumulated depreciation and amortization as of March 31, 2021 and December 31, 2020, respectively, is $3,576 and $3,519 related to assets held under capital leases, including amounts for equipment that was subsequently purchased at the end of the lease term. The Company had no write-offs or material disposals of fixed assets during three months ended March 31, 2021 and 2020.

7. Property and Equipment, net

Property and equipment, net consists of the following as of December 31 of each year:

	2020			2019
Assets held under capital leases – computer, print and mail equipment and software	$	3,752		$	3,746
Computer, print and mail equipment		7,998			7,043
Furniture and fixtures		4,073			4,040
Leasehold improvements		12,120			12,071
Software		1,437			1,349
Vehicles		115			115
Internal software development		2,644			2,067
Construction in progress		79			24
		32,218			30,455
Less: accumulated depreciation and amortization		(15,568	)		(12,170	)
Total	$	16,650		$	18,285

Depreciation and amortization expense of property and equipment was $3,398, $2,667 and $2,122 in 2020, 2019 and 2018, respectively, and includes $305, $234 and $125 relating to software and $290, $182 and $249 relating to print equipment in 2020, 2019 and 2018 respectively, for property and equipment used in the Company’s print facilities. Included in accumulated depreciation and amortization as of December 31, 2020, 2019 and 2018, respectively, is $3,519, $3,183 and $2,854 related to assets held under capital leases, including amounts for equipment that was subsequently purchased at the end of the lease term. During 2019, the Company had write-offs of $165 of fully depreciated assets that were no longer in service. The Company had no write-offs or material disposals of fixed assets during 2020 and 2018.