Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

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, net is comprised of the following:
September 30,
2024
December 31,
2023
Furniture and fixtures
$ 5,243  $ 2,439 
Machinery and equipment
4,760  6,008 
Computer equipment and capitalized software
7,968  7,531 
Leasehold improvements
29,316  27,680 
Total property and equipment
47,287  43,658 
Less: accumulated depreciation
(17,905) (16,504)
Total property and equipment, net
$ 29,382  $ 27,154 
Total depreciation expense was $1.7 million for each of the three months ended September 30, 2024 and 2023 and was $4.7 million and $5.9 million for the nine months ended September 30, 2024 and 2023, respectively.