PLANT, PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2022

PLANT, PROPERTY AND EQUIPMENT, NET [Abstract]

PLANT, PROPERTY AND EQUIPMENT, NET

5. PLANT, PROPERTY AND EQUIPMENT, NET

Plant, property and equipment, net consisted of the following:

	September 30, 2022	December 31, 2021
Computer hardware and software	$ 32,148	$ 20,824
Furniture, fixture, and equipment	26	26
Total depreciable property and equipment	32,174	20,850
Less: accumulated depreciation	(17,363)	(11,711)
Depreciable property, net	14,811	9,139
Assets under development	2,878	6,763
Property, plant, and equipment, net	$ 17,689	$ 15,902

For the three months ended September 30, 2022 and 2021, depreciation expense was $2,129 and $1,376, respectively. For the nine months ended September 30, 2022 and 2021, depreciation expense was $5,699 and $3,572, respectively.