XML 26 R12.htm IDEA: XBRL DOCUMENT
v3.22.4

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment Property and equipment, net consisted of the following:
| December 31,
(in thousands) | 2022 |  | 2021
Capitalized internal-use software | $ | 14,072 |  |  | $ | 9,022 |
Computer and office equipment | 6,177 |  |  | 4,700 |
Furniture and fixtures | 2,056 |  |  | 1,445 |
Leasehold improvements | 7,036 |  |  | 6,655 |
Projects in process | 722 |  |  | 533 |
| 30,063 |  |  | 22,355 |
Less: Accumulated depreciation and amortization | (18,517) |  |  | (13,106) |
Property and equipment, net | $ | 11,546 |  |  | $ | 9,249 |
Depreciation and amortization expense related to property and equipment was $6.7 million, $5.3 million and $4.1 million for the years ended December 31, 2022, 2021, and 2020, respectively. Capitalized Internal-Use Software Costs There has been no impairment of previously capitalized costs during the years ended December 31, 2022, 2021, and 2020. The Company capitalized $5.2 million, $2.9 million and $2.3 million for internal-use software costs during the years ended December 31, 2022, 2021, and 2020, respectively. The Company capitalized $1.8 million of stock-based compensation costs to internal-use software for the year ended December 31, 2022. The Company capitalized inconsequential amounts of stock-based compensation costs to internal-use software during the years ended December 31, 2021 and 2020, respectively. The Company recorded amortization expense of $3.3 million, $2.5 million and $1.6 million for the years ended December 31, 2022, 2021, and 2020, respectively. Capitalized Cloud Computing Arrangements The Company capitalized $2.4 million and $1.1 million related to the implementation of cloud computing arrangements during the years ended December 31, 2022 and 2021, respectively and recorded amortization expense of $0.8 million and $0.2 million during the years ended December 31, 2022 and 2021, respectively. As of December 31, 2022, capitalized costs, net of accumulated amortization, were approximately $2.5 million, of which $1.3 million was recorded within ‘Prepaid expenses and other current assets’ and $1.2 million was recorded within ‘Other noncurrent assets, net’ on the Company's Consolidated Balance Sheets. As of December 31, 2021, capitalized costs, net of accumulated amortization, were approximately $0.9 million, of which $0.4 million was recorded within ‘Prepaid expenses and other current assets’ and $0.5 million was recorded within ‘Other noncurrent assets, net’ on the Company's Consolidated Balance Sheets. Amortization expense related to cloud computing arrangements for the years ended December 31, 2022 and 2021 were as follows:
| December 31, |  |
(in thousands) | 2022 |  | 2021 |  |
Technology and development | $ | 616 |  |  | $ | 165 |  |  |
General and administrative | 178 |  |  | 22 |  |  |
Total amortization | $ | 794 |  |  | $ | 187 |  |  |
The following table summarizes the Company’s long-lived assets based on geography, which consist of property and equipment, net and operating lease right-of-use assets:
| December 31,
(in thousands) | 2022 |  | 2021
United States | $ | 12,560 |  |  | $ | 7,523 |
Europe | 2,754 |  |  | 125 |
Nicaragua | 1,860 |  |  | 2,534 |
United Kingdom | 1,369 |  |  | 2,229 |
Philippines | 1,084 |  |  | 1,928 |
Rest of world | 594 |  |  | 212 |
Total long-lived assets | $ | 20,221 |  |  | $ | 14,551 |

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration