PLANT, PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2023

PLANT, PROPERTY AND EQUIPMENT, NET

PLANT, PROPERTY AND EQUIPMENT, NET

4. PLANT, PROPERTY AND EQUIPMENT, NET

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

	March 31, 2023	December 31, 2022
Computer hardware and software	$ 34,263	$ 34,206
Furniture, fixture, and equipment	52	20
Total depreciable property and equipment	34,315	34,226
Less: accumulated depreciation	(21,434)	(19,282)
Depreciable property, net	12,881	14,944
Assets under development	1,194	3,207
Property, plant, and equipment, net	$ 14,075	$ 18,151

For the three months ended March 31, 2023 and 2022 depreciation expense was $2,067 and $1,616, respectively.