PROPERTY, EQUIPMENT AND SOFTWARE

6 Months Ended

Jun. 30, 2023

PROPERTY, EQUIPMENT AND SOFTWARE

PROPERTY, EQUIPMENT AND SOFTWARE

NOTE 5 – PROPERTY, EQUIPMENT AND SOFTWARE

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

	June 30,		December 31,
	2023		2022
Computers, software and peripheral equipment	$	37,238	$	34,328
Leasehold improvements		9,814		9,741
Furniture and office equipment		4,562		4,418
Property, equipment and software		51,614		48,487
Accumulated depreciation		(38,015)		(34,095)
Property, equipment and software, net	$	13,599	$	14,392

Depreciation expense for the three months ended June 30, 2023 and 2022 was $1,864 and $2,155, respectively, and $3,976 and $4,071 for the six months ended June 30, 2023 and 2022, respectively.