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Fixed Assets, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Fixed Assets, Net
5. Fixed Assets, Net
The following table presents major classifications of fixed assets and related useful lives:
  DECEMBER 31,
(in thousands, except useful lives)USEFUL LIFE20242023
Furniture and equipment
2-10 years
$5,166 $4,971 
Computer equipment
1-10 years
6,082 6,216 
Leasehold improvements
1-10 years
7,395 7,672 
Total fixed assets18,643 18,859 
Less accumulated depreciation (10,920)(9,441)
Total Fixed assets, net$7,723 $9,418 
Depreciation expense was $3.2 million, $3.1 million and $2.7 million during the years ended December 31, 2024, 2023 and 2022, respectively.