Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.24.3
Property and Equipment
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
  September 30, 2024 December 31, 2023
  Gross Assets
Accumulated
Depreciation
 Total Gross Assets
Accumulated Depreciation
 Total
Furniture, fixtures, and equipment $ 6,077 $ (4,429) $ 1,648 $ 6,611 $ (3,909) $ 2,702
Automobiles 87 (87) — 87 (87) —
Leasehold improvements 4,584 (2,322) 2,262 3,570 (1,951) 1,619
 
Total $ 10,748 $ (6,838) $ 3,910 $ 10,268 $ (5,947) $ 4,321
Depreciation expense for property and equipment for the three and nine months ended September 30, 2024 was $0.3 million and $0.9 million compared to $0.3 million and $0.8 million for the same prior year periods, respectively. This expense was recorded in "general and administrative expenses" for each period.