PROPERTY, EQUIPMENT AND SOFTWARE, NET

9 Months Ended

Sep. 30, 2022

PROPERTY, EQUIPMENT AND SOFTWARE, NET

PROPERTY, EQUIPMENT AND SOFTWARE, NET

NOTE 4 – PROPERTY, EQUIPMENT AND SOFTWARE, NET

Composition of property, equipment and software, grouped by major classifications, is as follows:

	September 30,		December 31,
	2022		2021
Computers, software and peripheral equipment	$	31,296	$	32,379
Leasehold improvements		9,597		8,920
Furniture and office equipment		4,466		4,074
Property, equipment and software		45,359		45,373
Accumulated depreciation		(31,808)		(33,233)
Property, equipment and software, net	$	13,551	$	12,140

Depreciation expense for the three months ended September 30, 2022 and 2021 were $2,082 and $1,714, respectively, and $6,153 and $5,155 for the nine months ended September 30, 2022 and 2021, respectively.