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Balance Sheet Components
6 Months Ended
Jun. 30, 2021
Marketwise, LLC  
Property, Plant and Equipment [Line Items]  
Balance Sheet Components Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consists of the following:
As of
Estimated Useful LivesJune 30, 2021December 31, 2020
Furniture and fixtures5 years$960 $960 
Computers, software and equipment3 years1,327 1,220 
Leasehold improvementsShorter of estimated useful life or remaining term of lease1,278 1,278 
3,565 3,458 
Less: Accumulated depreciation and amortization(2,265)(2,041)
Total property and equipment, net$1,300 $1,417 
Depreciation and amortization expense for property and equipment was $114 and $138 for the three months ended June 30, 2021 and 2020, and $224 and $226 for the six months ended June 30, 2021 and 2020, respectively.
Accrued Expenses
Accrued expenses consist of the following:
As of
June 30, 2021December 31, 2020
Commission and variable compensation$45,456 $17,271 
Payroll and benefits3,437 3,645 
Other accrued expenses16,365 11,218 
Total accrued expenses$65,258 $32,134 
Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consists of the following:
As of December 31,
Estimated Useful Lives20202019
Furniture and fixtures5 years$960 $960 
Computers, software and equipment3 years1,220 1,183 
Leasehold improvementsShorter of estimated useful life or remaining term of lease1,278 1,025 
3,458 3,168 
Less: Accumulated depreciation and amortization
(2,041)(1,590)
Total property and equipment, net$1,417 $1,578 
Depreciation and amortization expense for property and equipment was $451, $624 and $813 for the years ended December 31, 2020, 2019 and 2018, respectively.
Other Current Assets
Other current assets consist of the following:
As of December 31,
20202019
Other current assets$1,889 $1,070 
Accrued Expenses
Accrued expenses consist of the following:
As of December 31,
20202019
Commission and bonus$17,271 $24,570 
Payroll and benefits3,645 2,520 
Accrued interest— 325 
Other accrued expenses11,218 6,111 
Total accrued expenses$32,134 $33,526