XML 41 R13.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
As set forth in the table below, property and equipment, net as of December 31, 2023 and 2022 are $8.6 million and $9.8 million, respectively. The balances as of December 31, 2023 and 2022 also include finance lease right-of-use assets, net. The balances consist of the following:
December 31,
($ in thousands)20232022
Computers, software and related equipment$5,541 $4,050 
Operating equipment and servers4,779 4,610 
Furniture647 600 
Leasehold improvements658 640 
Property and equipment not yet placed into service610 816 
Total property and equipment12,235 10,716 
Less: accumulated depreciation(7,641)(3,818)
4,594 6,898 
Finance lease right-of-use assets5,519 3,112 
Less: accumulated amortization(1,502)(246)
4,017 2,866 
Property and equipment, net$8,611 $9,764 
The Company recorded depreciation expense on property and equipment of $3.8 million, $2.1 million and $1.0 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company recorded amortization expense on finance lease right-of-use assets of $1.3 million, $0.6 million and $0.2 million for the years ended December 31, 2023, 2022 and 2021, respectively