Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.4
Property and Equipment
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
December 31, 2022 December 31, 2021
Gross Assets Accumulated
Depreciation
Total Gross Assets Accumulated
Depreciation
Total
Furniture, fixtures, and equipment $ 5,710  $ (3,252) $ 2,458  $ 4,812  $ (2,528) $ 2,284 
Automobiles 87  (83) 110  (103)
Leasehold improvements 3,498  (1,575) 1,923  3,444  (1,212) 2,232 
Total $ 9,295  $ (4,910) $ 4,385  $ 8,366  $ (3,843) $ 4,523 
Depreciation expense for property and equipment for each of the years ended December 31, 2022, 2021 and 2020 was $1.1 million, $0.9 million and $0.8 million, respectively. This expense was recorded in “general and administrative expenses” for each period.