Annual report pursuant to Section 13 and 15(d)

Fixed Assets and Leasehold Improvements, Net

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Fixed Assets and Leasehold Improvements, Net
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Fixed Assets and Leasehold Improvements, Net
11. Fixed Assets and Leasehold Improvements, Net
Fixed assets and leasehold improvements, net, related to continuing operations consisted of the following (in thousands). Refer to Note 2 - Summary of Significant Accounting Policies for additional information on our accounting policies related to fixed assets and leasehold improvements.
December 31, 2023 December 31, 2022 Estimated Useful Life
Computer hardware and software $ 10,317  $ 7,647 
3 - 5 years
Furniture and fixtures 3,056  3,574 
5 - 7 years
Leasehold improvements 2,942  3,870 
3 - 5 years*
Total fixed assets 16,315  15,091 
Less: Accumulated depreciation and amortization (10,348) (5,960)
Total fixed assets and leasehold improvements, net $ 5,967  $ 9,131 
*Shorter of life of lease or useful life of assets

Depreciation and amortization expense was $5.2 million and $4.2 million for the years ended December 31, 2023 and 2022, respectively.
The Company recognized impairment charges of $1.8 million and $2.2 million for fixed assets and leasehold improvements in the years ended December 31, 2023 and 2022, respectively.