Property and Equipment, Net

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

5. Property and Equipment, Net

Property and equipment, net consisted of the following:

	March 31,			December 31,
(in thousands)	2024			2023
Furniture, fixtures and equipment	$	21,793		$	21,738
Leasehold improvements		23,333			23,333
Construction in progress		15			15
Subtotal		45,141			45,086
Less: accumulated depreciation		(34,529	)		(33,683	)
Total property and equipment, net	$	10,612		$	11,403

Depreciation expense was $0.8 million and $0.5 million for the three months ended March 31, 2024 and 2023, respectively.