Property and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment, stated at cost, at December 31, 2021 and 2020 consisted of the following (in thousands):

	2021		2020
Computers and related equipment	$	51,411	$	35,032
Furniture and equipment	846		147
Leasehold improvements	1,718		2,828
	53,975		38,007
Less: Accumulated depreciation and amortization	(20,126)		(12,954)
Total property and equipment, net	$	33,849	$	25,053

Depreciation and amortization expense was $7.3 million, $7.1 million and $3.2 million for the years ended December 31, 2021, 2020 and 2019, respectively.

During the fourth quarter of 2021, the Company recorded a non-cash impairment charge of $1.7 million for property and equipment related to the impairment of the Downtown Los Angeles lease (see Note 10 - Leases for further details). No impairment was recorded in 2020 or 2019.