Annual report pursuant to Section 13 and 15(d)

Furniture, Equipment and Leasehold Improvements, Net

v3.24.0.1
Furniture, Equipment and Leasehold Improvements, Net
12 Months Ended
Dec. 31, 2023
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, 2023 and December 31, 2022:

 

2023

 

 

2022

 

Leasehold improvements

 

$

9,439

 

 

$

7,859

 

Furniture and equipment

 

 

11,397

 

 

 

9,213

 

Artwork

 

 

619

 

 

 

505

 

Total cost

 

 

21,455

 

 

 

17,577

 

Accumulated depreciation and amortization

 

 

(14,033

)

 

 

(12,556

)

Furniture, equipment and leasehold improvements, net

 

$

7,422

 

 

$

5,021

 

 

Depreciation and amortization expense for the years ended December 31, 2023, 2022 and 2021 was $1,476, $1,191, and $1,175, respectively.

 

During 2023, the Company wrote off leased assets with a cost of $103 and accumulated depreciation of $103. During 2022, the Company wrote off leased assets with a cost of $194 and accumulated depreciation of $143.