Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.23.3
Property and Equipment, Net
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Property, and Equipment, Net Property and Equipment, Net
Property and equipment, net is comprised of the following:
September 30,
2023
December 31,
2022
Furniture and fixtures
$ 2,372  $ 2,367 
Machinery and equipment
5,772  5,188 
Computer equipment and capitalized software
6,914  6,015 
Leasehold improvements
26,824  24,816 
Total property and equipment
41,882  38,386 
Less: accumulated depreciation
(14,202) (9,428)
Total property and equipment, net
$ 27,680  $ 28,958 
Total depreciation expense was $1.7 million and $1.4 million for the three months ended September 30, 2023 and 2022, respectively, and was $5.9 million and $4.1 million for the nine months ended September 30, 2023 and 2022, respectively.