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Property and Equipment, Net
3 Months Ended
Mar. 31, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

(4) Property and Equipment, Net

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

 

 

 

Useful life

in years

 

 

As of  March 31, 2019

 

 

As of  December 31, 2018

 

Furniture and equipment

 

 

5

 

 

$

1,686

 

 

$

1,189

 

Leasehold improvements

 

 

5

 

 

 

3,763

 

 

 

2,776

 

System hardware

 

 

5

 

 

 

1,476

 

 

 

1,404

 

Office computers

 

 

3

 

 

 

4,019

 

 

 

3,745

 

Computer and system software

 

 

3

 

 

 

1,409

 

 

 

1,385

 

 

 

 

 

 

 

 

12,353

 

 

 

10,499

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

(6,376

)

 

 

(5,849

)

Property and equipment, net

 

 

 

 

 

$

5,977

 

 

$

4,650

 

 

Depreciation and amortization expense for property and equipment was $0.5 million and $0.4 million for the three months ended March 31, 2019 and 2018, respectively.