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Property and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2021
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment, Net

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

 

 

 

Useful life

 

 

As of

 

 

As of

 

 

 

in years

 

 

June 30, 2021

 

 

December 31, 2020

 

Furniture and equipment

 

 

5

 

 

$

2,165

 

 

$

2,041

 

Leasehold improvements (1)

 

 

9

 

 

 

6,241

 

 

 

4,944

 

System hardware

 

 

5

 

 

 

813

 

 

 

807

 

Office computers

 

 

3

 

 

 

7,323

 

 

 

6,547

 

Computer and system software

 

 

3

 

 

 

2,068

 

 

 

827

 

 

 

 

 

 

 

 

18,610

 

 

 

15,166

 

Less accumulated depreciation and amortization

 

 

 

 

 

 

(9,043

)

 

 

(7,392

)

Property and equipment, net

 

 

 

 

 

$

9,567

 

 

$

7,774

 

 

 

(1)

Lesser of the lease term or the estimated useful lives of the improvements, which may be up to 9 years.