PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

NOTE 5. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following as of September 30, 2025 and December 31, 2024 (in thousands): 

	September 30, 2025		December 31, 2024
ATM Equipment	$	26,451	$	23,271
Computer equipment		929		799
Office equipment		51		186
Leasehold improvement		148		–
		27,579		24,256
Less accumulated depreciation		13,230		8,011
Total property and equipment	$	14,349	$	16,245

Depreciation expense for the three months ended September 30, 2025 and 2024 was $1.9 million and $1.3 million, respectively. Depreciation expense for the nine months ended September 30, 2025 and 2024 was $5.4 million and $2.7 million, respectively.