Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment, net, consisted of the following (in millions):

	As of December 31,
	2022		2021
Furniture, fixtures, and equipment	$	1.5	$	2.8
Computer hardware	4.5		2.5
Computer software	0.7		0.5
Website design	0.7		0.5
Leasehold improvements	2.9		1.0
Construction in progress	4.8		—
Total property and equipment	15.1		7.3
Less: Accumulated depreciation	(3.6)		(1.4)
Total property and equipment, net	$	11.5	$	5.9

Construction in progress includes costs incurred for leasehold improvements and other assets that have not yet been placed in service.

The following table presents depreciation expense included in each respective expense category in the consolidated statements of operations (in millions):

	Year Ended December 31,
	2022		2021
Research and development	$	2.3	$	0.9
General and administrative	0.8		0.4
Total depreciation expense	$	3.1	$	1.3