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Property and Equipment
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment
Note 6 - Property and Equipment
The Company’s fixed assets consist of the following (in millions):
September 30,December 31,
20222021
Computer equipment$12.7 $12.5 
Furniture and fixtures3.7 3.6 
Leasehold improvements9.6 8.6 
Internal use developed software58.7 40.8 
Construction in progress3.0 5.9 
Property and equipment, gross87.7 71.4 
Less: accumulated depreciation(37.5)(29.7)
Property and equipment, net$50.2 $41.7 
During the fiscal year ending December 31, 2021, in relation to our Waltham office relocation, we recorded an impairment charge of $2.7 million, comprised of $1.5 million relating to the operating lease right-of-use asset, and $1.2 million relating to the leasehold improvements. We also recorded accelerated depreciation of furniture and fixtures of $2.1 million. These charges were recognized within Restructuring and transaction-related expenses on our Consolidated Statements of Operations.
Depreciation expense was $4.8 million and $2.9 million for the three months ended September 30, 2022 and 2021, respectively. Depreciation expense was $12.9 million and $10.4 million for the nine months ended September 30, 2022 and 2021, respectively.