Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.2
Property and Equipment
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following at September 30, 2021 and December 31, 2020 (dollars in thousands):
 
September 30, 2021 December 31, 2020
Computer software $ 1,253  $ 1,226 
Computer equipment 8,853  7,965 
Furniture and fixtures 1,181  1,152 
Leasehold improvements 1,347  1,064 
Total 12,634  11,407 
Less: accumulated depreciation and amortization (9,348) (7,902)
Property and equipment, net $ 3,286  $ 3,505 
 
Depreciation and amortization expense for property and equipment for the three months ended September 30, 2021 and 2020 totaled $0.5 million for both periods, and totaled $1.5 million and $1.4 million for the nine months ended September 30, 2021 and 2020, respectively. Amortization of computer software charged to operations for the nine months ended September 30, 2021 and 2020 was $0.1 million for both periods, and is included in depreciation expense. Amortization of computer software charged to operations for the three months ended September 30, 2021 and 2020 was immaterial for both periods.