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Condensed Balance Sheet Components
3 Months Ended
Mar. 31, 2023
Balance Sheet Related Disclosures [Abstract]  
Condensed Balance Sheet Components Condensed Balance Sheet Components
Property and Equipment, Net
Property and equipment, net is recorded at cost less accumulated depreciation and amortization. Depreciation and amortization are recorded on a straight-line basis over the estimated useful lives of the respective assets. Property and equipment, net consists of the following (in thousands):
March 31,
2023
December 31,
2022
Proprietary software$41,464 $39,017 
Furniture and equipment47,607 47,692 
Automobiles2,515 2,119 
Leasehold improvements69,741 86,986 
Property and equipment, gross161,327 175,814 
Less: accumulated depreciation and amortization(59,451)(63,135)
Property and equipment, net$101,876 $112,679 
Depreciation and amortization expense on property and equipment was $7.5 million and $6.4 million for the three months ended March 31, 2023 and 2022, respectively.
During the three months ended March 31, 2023, the Company recorded $7.2 million of impairment of leasehold improvements and disposal of fixed assets related to the closures of several of its office and retail locations as part of the savings plan the Company implemented.
Other Accrued and Current Liabilities
Other accrued and current liabilities consist of the following (in thousands):
March 31,
2023
December 31,
2022
Returns reserve$18,839 $22,233 
Accrued compensation16,606 15,111 
Accrued legal2,110 484 
Accrued sales tax and other taxes7,469 8,531 
Site credit liability14,366 11,813 
Accrued marketing and outside services8,053 8,729 
Accrued shipping3,350 5,715 
Accrued property and equipment1,446 11,417 
Deferred revenue3,528 3,549 
Accrued interest1,741 1,166 
Other4,763 4,544 
Other accrued and current liabilities$82,271 $93,292