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Property and Equipment, Net
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Property, Plant and Equipment [Abstract]    
Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment, net, consists of the following:

 

     March 31,
2021
     December 31,
2020
 
     (in thousands)  

Computer equipment

   $ 4,229      $ 4,030  

Leasehold improvements

     2,603        2,633  

Furniture and fixtures

     879        887  

Building

     763        766  

Office equipment

     384        384  

Software

     244        245  
  

 

 

    

 

 

 
     9,102        8,945  

Less accumulated depreciation and amortization

     (6,451      (6,282
  

 

 

    

 

 

 
   $ 2,651      $ 2,663  
  

 

 

    

 

 

 

Accumulated depreciation and amortization includes the amortization expense relating to assets acquired under capital leases. Depreciation and amortization expense was $0.3 million for the three months ended March 31, 2021 and 2020. The Company evaluates the portion of depreciation and amortization expense attributable to cost of revenue based on organizational headcount directly attributable to the generation of revenue. Based on this evaluation, the Company has determined that depreciation and amortization attributable to cost of revenue is not material; therefore, the full expense has been recorded in operating expenses in the consolidated statements of operations.

5. Property and Equipment, Net

Property and equipment, net, consists of the following:

 

     December
31, 2020
     December 31,
2019
 
     (in thousands)  

Computer equipment

   $ 4,030      $ 8,376  

Leasehold improvements

     2,633        3,155  

Furniture and fixtures

     887        1,574  

Building

     766        718  

Office equipment

     384        632  

Software

     245        491  
  

 

 

    

 

 

 
     8,945        14,946  

Less accumulated depreciation and amortization

     (6,282      (12,293
  

 

 

    

 

 

 
   $ 2,663      $ 2,653  
  

 

 

    

 

 

 

Accumulated depreciation and amortization includes the amortization expense relating to assets acquired under capital leases. Depreciation and amortization expense was $1.1 million, $1.0 million and $1.2 million for the years ended December 31, 2020, 2019 and 2018, respectively. The Company evaluates the portion of depreciation and amortization expense attributable to cost of revenue based on organizational headcount directly attributable to the generation of revenue. Based on this evaluation, the Company has determined that depreciation and amortization attributable to cost of revenue is not material; therefore, the full expense has been recorded in operating expenses in the consolidated statements of operations.