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Condensed Balance Sheet Components
9 Months Ended
Sep. 30, 2023
Balance Sheet Related Disclosures [Abstract]  
Condensed Balance Sheet Components Condensed Balance Sheet Components
Property and Equipment, Net
Property and equipment, net is recorded at cost less accumulated depreciation and amortization. Depreciation and amortization are recorded on a straight-line basis over the estimated useful lives of the respective assets. Property and equipment, net consists of the following (in thousands):
September 30,
2023
December 31,
2022
Proprietary software$43,003 $39,017 
Furniture and equipment47,612 47,692 
Automobiles2,114 2,119 
Leasehold improvements82,698 86,986 
Property and equipment, gross175,427 175,814 
Less: accumulated depreciation and amortization(68,621)(63,135)
Property and equipment, net$106,806 $112,679 
Depreciation and amortization expense on property and equipment was $7.6 million and $6.6 million for the three months ended September 30, 2023 and 2022, respectively, and $22.9 million and $19.7 million for the nine months ended September 30, 2023 and 2022, respectively.
During the three and nine months ended September 30, 2023, the Company recorded $0.3 million and $7.5 million of impairment of leasehold improvements and disposal of fixed assets, respectively, related to the closures of several of its office and retail locations as part of the savings plan the Company implemented.
Other Accrued and Current Liabilities
Other accrued and current liabilities consist of the following (in thousands):
September 30,
2023
December 31,
2022
Returns reserve$23,205 $22,233 
Accrued compensation20,267 15,111 
Accrued legal473 484 
Accrued sales tax and other taxes7,094 8,531 
Site credit liability15,491 11,813 
Accrued marketing and outside services5,195 8,729 
Accrued property and equipment1,242 11,417 
Accrued shipping2,268 5,715 
Deferred revenue1,646 3,549 
Accrued interest1,741 1,166 
Other3,837 4,544 
Other accrued and current liabilities$82,459 $93,292