Property and Equipment, net |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment, net | Property and Equipment, net Property and equipment consisted of the following at March 31, 2022 and December 31, 2021 (in thousands):
Included in the table above are property and equipment of $1.2 million and $1.3 million at March 31, 2022 and December 31, 2021, respectively, which are capitalizable but had not yet been placed in service. These balances were comprised primarily of capitalized software not ready for its intended use. Total depreciation and amortization expense of property and equipment was $3.2 million and $3.9 million for the three months ended March 31, 2022 and 2021, respectively. Amortization of internal use capitalized software development costs was $2.8 million and $3.2 million for the three months ended March 31, 2022 and 2021, respectively.
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