Property and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following (in thousands):

	December 31,
	2023		2022
Cost:
Computer equipment	$	27,949	$	28,998
Office furniture and equipment	5,661		5,717
Leasehold improvements	45,878		45,520
	79,488		80,235
Accumulated depreciation	45,524		41,192
Property and equipment, net	$	33,964	$	39,043

Depreciation expense of property and equipment, net for the years ended December 31, 2023, 2022 and 2021 were $10,177, $10,651 and $9,355, respectively.