Property and Equipment

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following for the periods presented (in thousands):


	March 31, 2022		December 31, 2021
Office equipment	$	4,860	$	4,729
Office furniture	5,719		5,588
Leasehold improvements	2,606		2,496
Fixed assets not placed in service	23		118
Capitalized internal-use software	3,963		3,533
Phone hardware	—		26,034
Payment terminals	1,783		1,581
Property and equipment, gross	18,954		44,079
Less accumulated depreciation and amortization	(7,086)		(19,577)
Property and equipment, net	$	11,868	$	24,502

Depreciation and amortization expense on property and equipment (excluding amortization on operating ROU assets) was $3.4 million and $2.6 million for the three months ended March 31, 2022 and 2021, respectively. Of this expense, $2.4 million and $2.1 million for the three months ended March 31, 2022 and 2021, respectively, was related to phone hardware finance ROU assets (see also footnote 7) and data center equipment which has been included in cost of revenue in the statements of operations. Note that these finance ROU assets were reported as “phone hardware” prior to January 1, 2022. Capitalized internal-use software amortization expense was $0.3 million and $0.1 million for the three months ended March 31, 2022 and 2021, respectively, which has been included in the cost of revenue in the statements of operations. Capitalized implementation amortization expense was $0.1 million and $0.0 for the three months ended March 31, 2022 and 2021, respectively, which has been included in operating expense in the statements of operations.