v3.24.3
PROPERTY and EQUIPMENT, net
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY and EQUIPMENT, net PROPERTY and EQUIPMENT, net
Property and equipment consists of the following as of September 30, 2024 and December 31, 2023:
(In thousands)September 30, 2024December 31, 2023
Leasehold improvements$26,449 $18,191 
Furniture, fixtures and equipment8,860 5,869 
Total property and equipment35,309 24,060 
Less: accumulated depreciation(15,814)(12,268)
Total property and equipment, net$19,495 $11,792 
Depreciation expense is included within the following financial statement line items within the Company’s Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income.
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands)2024202320242023
Research and development$648 $415 $1,588 $1,231 
Sales and marketing77 48 188 141 
General and administrative613 570 1,770 1,681 
Total$1,338 $1,033 $3,546 $3,053