Condensed Consolidated Balance Sheet Components

12 Months Ended

Dec. 31, 2022

Regulated Operations [Abstract]

Condensed Consolidated Balance Sheet Components

Consolidated Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

	As of December 31,
	2022		2021
Prepaid insurance	$	3,250	$	414
Prepaid software	1,406		791
Other prepaid expenses	1,546		1,957
Other current assets	2,172		1,986
Prepaid expenses and other current assets	$	8,374	$	5,148

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	As of December 31,
	2022		2021
Computer equipment	$	66	$	336
Furniture and fixtures	426		621
Leasehold improvements	387		320
Total property and equipment	$	879	$	1,277
Less: accumulated depreciation	(520)		(780)
Property and equipment, net	$	359	$	497

For the years ended December 31, 2022, 2021, and 2020, the Company recorded depreciation expense related to property and equipment amounting to $0.2 million, $0.4 million, and $0.2 million, respectively. For the year ended December 31, 2022, the Company also recorded impairment loss of $0.2 million primarily related to leasehold improvements and furniture and fixtures due to the impairment of a right-of-use asset (Note 8), included in general and administrative expense within the consolidated statements of operations. The Company did not record any impairment losses for the years ended December 31, 2021 and 2020.

Internal-Use Software, Net

Capitalized internal-use software consists of the following (in thousands):

	As of December 31,
	2022		2021
Capitalized internal-use software	$	9,605	$	2,860
Less: Accumulated amortization	(1,965)		(169)
Total capitalized internal-use software	$	7,640	$	2,691

For the years ended December 31, 2022, 2021, and 2020, the Company recorded amortization expense on capitalized internal-use software placed in service amounting to $1.8 million, $0.2 million, and less than $0.1 million, respectively.

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following (in thousands):

	As of December 31,
	2022		2021
Accrued professional services	$	1,299	$	1,798
Accrued payments related to acquisitions and financing	—		1,134
Accrued taxes and deferred tax liabilities	1,006		1,421
Common stock unvested liability	589		786
Other current liabilities	3,522		3,204
Total	$	6,416	$	8,343