Significant Consolidated Balance Sheet Components

12 Months Ended

Dec. 31, 2022

Significant Consolidated Balance Sheet Components [Abstract]

Significant Consolidated Balance Sheet Components

Prepaid expenses and other current assets consisted of the following:


(in millions)
As of December 31,	2022		2021
Prepaid expenses	$	10.4	$	12.0
Contract assets	5.8		3.0
Certificate of deposit	2.0		2.0
Other current assets	0.1		0.4
Total prepaid expenses and other current assets	$	18.3	$	17.4

Property, equipment and software, net consisted of the following:


(in millions)
As of December 31,	2022		2021
Capitalized software development costs	$	105.7	$	71.6
Office equipment	6.7		5.3
Furniture and fixtures	1.8		1.4
Leasehold improvements	2.3		3.7
Total property, equipment and software	116.5		82.0
Accumulated depreciation and amortization	(67.4)		(47.1)
Total property, equipment and software—net	$	49.1	$	34.9

The Company capitalized $34.1 million, $24.2 million and $19.2 million of software development costs, and recorded amortization expense of $22.1 million, $16.7 million and $12.5 million, during 2022, 2021 and 2020, respectively. Losses on disposal related to software development costs were $0.8 million and $0.2 million for 2021 and 2020, with no losses in 2022.

Depreciation and amortization expense, exclusive of amortization of capitalized software development costs and intangible assets, was $1.9 million, $2.4 million and $1.0 million in 2022, 2021 and 2020, respectively.

Accrued expenses and other current liabilities consisted of the following:


(in millions)
As of December 31,	2022		2021
Unbilled accounts payable	$	26.1	$	22.1
Accrued compensation	5.6		1.8
Operating lease liabilities	3.1		2.4
Deferred compensation liability related to earnouts	1.7		2.1
Other accrued expenses	1.4		3.7
Total accrued expenses and other current liabilities	$	37.9	$	32.1

Other liabilities—noncurrent consisted of the following:


(in millions)
As of December 31,	2022		2021
Operating lease liabilities	$	9.6	$	12.7
Deferred tax liability, net	1.2		1.8
Other noncurrent liabilities	0.8		2.0
Total other liabilities—noncurrent	$	11.6	$	16.5