General form of registration statement for all companies including face-amount certificate companies

Other Financial Statement Information

v3.22.2
Other Financial Statement Information
 12 Months Ended
Dec. 31, 2021
Other Financial Statement Information [Abstract]  
Other Financial Statement Information
4.
Other Financial Statement Information
Property and Equipment
Property and equipment, net consisted of the following (in thousands):
 
    
December 31,
  
    
2020
     
2021
  
Machinery and warehouse equipment
    $ 7,133      $ 7,252  
Internally developed software
      8,044        12,593  
Computer equipment
      2,880        3,330  
Leasehold improvements hold Improvements
      1,763        2,164  
Furniture and fixtures
      1,241        1,184  
Construction in progress
      471        25  
    
 
 
     
 
 
  
Total property and equipment
      21,532        26,548  
Less: accumulated depreciation
      (6,432 )       (10,616 ) 
    
 
 
     
 
 
  
Property and equipment, net
    $ 15,100      $ 15,932  
    
 
 
     
 
 
  
Depreciation expense for the years ended December 31, 2019, 2020 and 2021 was $1.5 million, $2.1 million and $2.2 million respectively. The Company capitalized software development costs of $3.0 million and $4.8 million for the years ended December 31, 2020 and 2021, respectively. Amortization of capitalized software development costs was $0.7 million, $1.7 million and $2.5 million for the years ended December 31, 2019, 2020 and 2021, respectively.
 
Accrued Expenses
Accrued expenses consisted of the following (in thousands):
 
    
December 31,
  
    
2020
     
2021
  
Inventory purchases
    $ 6,285      $ 4,659  
Advertising costs
      1,936        2,363  
Compensation and benefits
      1,545        2,072  
Sales taxes
      1,999        1,812  
Fulfillment costs
      1,156        1,120  
Other accrued expenses
      6,889        8,625  
    
 
 
     
 
 
  
Total accrued expenses
    $ 19,810      $ 20,651