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Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 3—Property and Equipment, Net

The details of property and equipment, net and related accumulated depreciation, are set forth below:

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Computer equipment and purchased software

 

$

25,553

 

 

$

21,955

 

Office equipment and furniture

 

 

1,170

 

 

 

1,639

 

Leasehold improvements

 

 

2,409

 

 

 

2,306

 

Property and equipment – gross

 

 

29,132

 

 

 

25,900

 

Less: Accumulated depreciation

 

 

(21,680

)

 

 

(19,919

)

Property and equipment, net

 

$

7,452

 

 

$

5,981

 

 

Depreciation expense for the years ended December 31, 2023 and 2022 was $3,744 and $3,186, respectively.

During the year ended December 31, 2023, gross amount of certain fully depreciated property and equipment, no longer in use, was off-set with an equal amount of accumulated depreciation of $1,983.