Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.23.3
Property and Equipment
 9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
  September 30, 2023 December 31, 2022
  Gross Assets
Accumulated
Depreciation
 Total Gross Assets
Accumulated Depreciation
 Total
Furniture, fixtures, and equipment $ 6,298 $ (3,779) $ 2,519 $ 5,710 $ (3,252) $ 2,458
Automobiles 87 (86) 1 87 (83) 4
Leasehold improvements 3,570 (1,857) 1,713 3,498 (1,575) 1,923
 
Total $ 9,955 $ (5,722) $ 4,233 $ 9,295 $ (4,910) $ 4,385
Depreciation expense for property and equipment for both the three and nine months ended September 30, 2023 and 2022 was $0.3 million and $0.8 million, respectively. This expense was recorded in “general and administrative expenses” for each period.