Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

7. Property and Equipment

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

	Estimated  useful lives (years)	December 31, 2022		December 31, 2021
Information technology	2 – 5	$	7,680	$	6,534
Furniture and fixtures	2 – 5	20		957
Total		7,700		7,491
Accumulated depreciation		(3,009)		(3,230)
Property and equipment—net		$	4,691	$	4,261

Information technology assets include software and consultant time used in the application, development and implementation of various systems including customer billing and resource management systems. As of each of December 31, 2022 and 2021, information technology includes $0.9 million and $0.2 million, respectively, of costs associated with assets not yet placed into service.

Depreciation expense recorded in the consolidated statements of operations was $1.7 million, $1.8 million and $2.1 million for the years ended December 31, 2022, 2021 and 2020, respectively.