Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consisted of the following (in thousands):

	December 31,
	2022		2021
Software	$	6,882	$	4,051
Computers and equipment	466		456
ROU assets - finance lease	375		375
Leasehold improvements	17		17
Software development in progress	—		1,514
Subtotal	7,740		6,413
Less: Accumulated depreciation and amortization	(5,242)		(2,628)
Property and equipment, net	$	2,498	$	3,785

Total depreciation and amortization expense relating to property and equipment presented above was $2.6 million and $1.4 million for the year ended December 31, 2022 and 2021, respectively.

During the fourth quarter of 2021, the Company wrote-off $1.8 million, net, relating to computers, equipment, software and software development in progress that were identified as obsolete and no longer in use, and included as part of "Restructuring, severance and related costs" on our consolidated statements of operations. See Note 6 below for more information.

Capitalized Internal Use Software Costs

During the year ended December 31, 2022 and 2021, the Company capitalized $1.3 million and $4.5 million, respectively, of costs relating to development of internal use software and recorded approximately $2.4 million and $0.9 million, respectively, of amortization expense relating to these capitalized internal use software costs.