Property and Equipment, Net

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Note 7. Property and Equipment, net

Property and equipment, net consisted of the following as of the dates presented (in thousands):


	March 31, 2023			December 31, 2022
Computer equipment and software	$	3,236		$	3,195
Internal-use software		14,499			13,131
Furniture and fixtures		893			892
Leasehold improvements		5,320			4,704
Construction in progress		—			291
		23,948			22,213
Less: Accumulated depreciation and amortization		(9,674	)		(8,896	)
	$	14,274		$	13,317

Depreciation and amortization expense for the three months ended March 31, 2023 and 2022 was $0.9 million and $0.7 million, respectively.

The Company capitalized $1.4 million and $5.7 million in costs related to internal-use software during the three months ended March 31, 2023 and the year ended December 31, 2022, respectively. Software developed for internal use is amortized on a straight-line basis over its estimated useful life of five years.

As of March 31, 2023 and December 31, 2022, the carrying value of internal-use software was $11.5 million and $10.6 million, respectively. Amortization expense related to internal-use software was $0.5 million and $0.4 million during the three months ended March 31, 2023 and 2022, respectively.