PLANT, PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 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:

	September 30, 2023	December 31, 2022
Computer hardware and software	$ 36,528	$ 34,206
Furniture, fixture, and equipment	2,252	20
Total depreciable property and equipment	38,780	34,226
Less: accumulated depreciation	(25,675)	(19,282)
Depreciable property, net	13,105	14,944
Assets under development	757	3,207
Property, plant, and equipment, net	$ 13,862	$ 18,151

For the three months ended September 30, 2023 and 2022 depreciation expense was $2,136 and $2,129, respectively. For the nine months ended September 30, 2023 and 2022, depreciation expense was $6,299 and $5,699, respectively.