Fixed Assets, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Fixed Assets, Net

5. Fixed Assets, Net

The following table presents major classifications of fixed assets and related useful lives (in thousands, except useful lives):

		DECEMBER 31,
	USEFUL LIFE	2022		2021
Furniture and equipment	1-10 years	$	5,553	$	5,630
Computer equipment	1-10 years	5,168		5,358
Leasehold improvements	1-11 years	9,624		6,989
Total fixed assets		20,345		17,977
Less accumulated depreciation		(11,698)		(12,013)
Total Fixed assets, net		$	8,647	$	5,964

Depreciation expense was $2.7 million, $2.8 million and $4.1 million during the years ended December 31, 2022, 2021 and 2020, respectively.