SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Leasehold improvements are amortized over the shorter of the estimated useful life of the asset or the related lease term.


	Estimated Useful Life
Computer equipment	3 years
Purchased software	3 years
Furniture and fixtures	3	-	7 years
Building	39 years
Building improvements	15 years
Land improvements	5 years
Leasehold improvements	Lesser of 10 years or remaining lease term

Property and equipment, net consists of the following:


	December 31, 2022		December 31, 2021
Land and land improvements	$	1,382	$	—
Building and building improvements	3,705		—


Computer equipment	9,423		8,819
Leasehold improvements	10,204		6,310
Purchased software	4,471		542
Furniture and fixtures	3,553		2,125
Construction in progress	648		721
Total property and equipment	33,386		18,517
Less: accumulated depreciation	(15,854)		(13,228)
Total property and equipment, net	$	17,532	$	5,289

The estimated useful lives of the Company’s intangible assets are as follows:

The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:


	December 31, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizable intangible assets:
Licenses	$	21,040	$	(7,962)	$	13,078	$	19,000	$	(1,245)	$	17,755
Acquired technology	15,003		(830)		14,173		—		—		—
Customer relationships	12,000		(600)		11,400		—		—		—
Trade names	2,740		(1,278)		1,462		1,240		(1,240)		—
	50,783		(10,670)		40,113		20,240		(2,485)		17,755
Nonamortizable intangible assets:
Marketing Agreement with MGM Resorts International	1,000		—		1,000		1,000		—		1,000
Total intangible assets	$	51,783	$	(10,670)	$	41,113	$	21,240	$	(2,485)	$	18,755