Property, Equipment and Software, net

12 Months Ended

Dec. 31, 2023

Property, Equipment and Software, net

Property, Equipment and Software, net

Note 10 — Property, Equipment and Software, net

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

		December 31,
	Useful Life (Years)	2023		2022
Furniture and fixtures	5	$	128	$	119
Computer equipment	3		20		17
Leasehold improvements	15		36		—
Capitalized software	3		702		571
Property, equipment and software, gross			886		707
Less: accumulated depreciation and amortization			(287)		(34)
Total property, equipment and software, net		$	599	$	673

The Company acquired the license to its proprietary Colossus SSP platform in November 2022 from its third-party developer. The Company moved headquarters in 2022 and capitalized furniture and fixtures, computer equipment and leasehold improvements related to the move. The following table summarizes depreciation and amortization expense related to property, equipment and software by line item for the years ended December 31, 2023 and 2022 (in thousands):

	Year Ended
	December 31,
	2023		2022
Cost of revenues	$	218	$	28
General and administrative		35		6
Total depreciation and amortization	$	253	$	34