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PROPERTY and EQUIPMENT, net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Asset ClassEstimated Useful Life
Furniture, fixtures and equipment
4 to 6 years
Leasehold improvements
5 to 7 years
Property and equipment consists of the following as of December 31, 2023 and December 31, 2022:
(In thousands)20232022
Leasehold improvements$18,191 $15,983 
Furniture, fixtures and equipment5,869 5,204 
Total property and equipment24,060 21,187 
Less: accumulated depreciation(12,268)(8,218)
Total property and equipment, net$11,792 $12,969 
Depreciation expense is included within the following financial statement line items within the Company’s Consolidated Statements of Operations and Comprehensive Income (Loss).
Year Ended December 31,
(In thousands)202320222021
Research and development$1,650 $1,500 $260 
Sales and marketing190 190 32 
General and administrative2,260 1,428 1,741 
Total$4,100 $3,118 $2,033