Annual report pursuant to Section 13 and 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.22.0.1
Furniture, Equipment and Leasehold Improvements, Net
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Furniture, Equipment and Leasehold Improvements, Net

6. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

The following is a summary of furniture, equipment and leasehold improvements, net as of December 31, 2021 and December 31, 2020:

 

 

 

2021

 

 

2020

 

Leasehold improvements

 

$

7,859

 

 

$

7,936

 

Furniture and equipment

 

 

8,258

 

 

 

7,275

 

Artwork

 

 

505

 

 

 

502

 

Total cost

 

 

16,622

 

 

 

15,713

 

Accumulated depreciation and amortization

 

 

(11,365

)

 

 

(10,190

)

Furniture, equipment and leasehold improvements, net

 

$

5,257

 

 

$

5,523

 

 

Depreciation and amortization expense for the years ended December 31, 2021, 2020 and 2019 was $1,175, $1,117, and $978, respectively.

 

During 2021, the Company wrote off leased assets with a cost of $120 and accumulated depreciation of $95. During 2020, the Company wrote off leased assets with a cost of $209 and accumulated depreciation of $180.