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Property and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment
8.
Property and Equipment

Property and equipment consisted of the following as of:

 

(in thousands)

 

December 31,
2023

 

 

December 31,
2022

 

Computers and software

 

$

6,921

 

 

$

5,924

 

Furniture and equipment

 

 

1,172

 

 

 

1,204

 

Leasehold improvements

 

 

2,338

 

 

 

2,134

 

 

 

10,431

 

 

 

9,262

 

Less: accumulated depreciation and amortization

 

 

(5,960

)

 

 

(4,798

)

Property and equipment, net

 

$

4,471

 

 

$

4,464

 

Depreciation and amortization expense was $2.0 million, $2.2 million and $1.7 million for the years ended December 31, 2023, 2022 and 2021, respectively.

Impairment charges for operating lease right-of-use assets and leasehold improvements due to office closures and relocations were $0.2 million and $1.0 million for the years ended December 31, 2023 and 2022, respectively. These charges were recognized within transaction, integration and restructuring expenses in the Company’s consolidated statements of operations.

The Company also disposed of fully-depreciated property and equipment of $0.8 million and $2.1 million in the years ended December 31, 2023 and 2022, respectively.