Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.21.2
Property and Equipment
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and EquipmentProperty and equipment consisted of the following for the periods presented (in thousands):
September 30, 2021 December 31, 2020
Office equipment $ 4,687  $ 3,835 
Office furniture 4,593  2,940 
Leasehold improvements 2,074  652 
Fixed assets not placed in service 671  1,339 
Capitalized internal-use software 3,127  1,100 
Phone hardware 27,497  23,101 
Payment terminals 1,321  430 
Property and equipment, gross 43,970  33,397 
Less accumulated depreciation and amortization (18,985) (15,103)
Property and equipment, net $ 24,985  $ 18,294 
Depreciation and amortization expense was $3.2 million and $8.8 million for the three and nine months ended September 30, 2021, respectively, and $2.4 million and $6.8 million for the three and nine months ended September 30, 2020, respectively. Of this expense, $2.3 million and $6.7 million for the three and nine months ended September 30, 2021, respectively, and $1.9 million and $5.3 million for the three and nine months ended September 30, 2020, respectively, was related to phone hardware and data center equipment which has been included in cost of revenue in the statements of operations for the three months ended September 30, 2021 and September 30, 2020, respectively. Capitalized internal-use software amortization expense was $0.2 million and $0.4 million for the three and nine months ended September 30, 2021, respectively, and $0.1 million and $0.4 million for the three and nine months ended September 30, 2020, respectively, which has been included in the cost of revenue in the statements of operations. Capitalized implementation amortization expense was $0.1 million and $0.1 million for the three and nine months ended September 30, 2021, respectively, which has been included in operating expense in the statements of operations.