Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

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Property and Equipment (Tables)
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment The estimated useful life of each asset category is summarized as follows:
Estimated Useful Life
Office equipment
3 - 5 years
Phone hardware
3 years
Payment terminals
3 years
Office furniture
7 years
Leasehold improvements Shorter of remaining lease term or estimated life
Property and equipment consisted of the following (in thousands):
December 31, 2023 December 31, 2022
Office equipment $ 5,830  $ 5,146 
Office furniture 6,416  5,763 
Leasehold improvements 2,731  2,615 
Fixed assets not placed in service 25  318 
Capitalized internal-use software 6,827  4,828 
Phone hardware —  — 
Payment terminals 2,354  2,389 
Property and equipment, gross 24,183  21,059 
Less accumulated depreciation and amortization (14,261) (10,286)
Property and equipment, net $ 9,922  $ 10,773 
Schedule of Indefinite-Lived Intangible Assets
The carrying value of capitalized internal-use software consisted of the following (in thousands):
December 31, 2023 December 31, 2022
Capitalized internal-use software $ 6,827  $ 4,828 
Less: accumulated amortization (3,665) (2,408)
Capitalized internal-use software, net $ 3,162  $ 2,420