Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment, net consists of the following:

	December 31,
(in thousands)	2022			2021
Leasehold improvements	$	16,094		$	15,354
Furniture and fixtures		9,366			8,578
Computer equipment		4,129			3,148
Construction in progress		—			361
Total property and equipment		29,589			27,441
Less: Accumulated depreciation		(9,769	)		(5,829	)
Total property and equipment, net	$	19,820		$	21,612

For the years ended December 31, 2022, 2021 and 2020, depreciation expense was $4.6 million, $4.0 million and $1.4 million, respectively.