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Property and Equipment
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 8: Property and Equipment

Property and equipment consisted of the following:

 

 

September 30,

 

 

December 31,

 

(In Thousands)

 

2024

 

 

2023

 

Computer and other related equipment

 

$

1,131

 

 

$

1,012

 

Purchased and internally developed software

 

 

3,276

 

 

 

2,699

 

Furniture and fixtures

 

 

262

 

 

 

260

 

Construction in progress

 

 

25

 

 

 

25

 

 

$

4,694

 

 

$

3,996

 

Less: accumulated depreciation and amortization

 

 

(2,627

)

 

 

(1,598

)

Property and equipment, net

 

$

2,067

 

 

$

2,398

 

Depreciation and amortization expense related to property and equipment was as follows:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(In Thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Depreciation and amortization expense

 

$

411

 

 

$

803

 

 

$

1,029

 

 

$

1,500