Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

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PROPERTY AND EQUIPMENT, NET
 9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and equipment, net consists of the following:
September 30,
2022		 December 31,
2021
Land and buildings $ 5,087  $ — 
Computer equipment 8,599  8,819 
Leasehold improvements 6,530  6,310 
Purchased software 4,320  542 
Furniture and fixtures 2,715  2,125 
Construction in progress 995  721 
Total property and equipment 28,246  18,517 
Less: accumulated depreciation (14,316) (13,228)
Total property and equipment, net $ 13,930  $ 5,289 
The aggregate depreciation expense for property and equipment, net is reflected in “Depreciation and amortization” in the Consolidated Statements of Operations. During the three months ended September 30, 2022 and 2021, depreciation expense was $1.2 million and $0.7 million, respectively, and during the nine months ended September 30, 2022 and 2021, depreciation expense was $3.1 million and $2.1 million, respectively. No impairment charges or material write-offs were recorded for the three and nine months ended September 30, 2022 and 2021.
On July 29, 2022, the Company purchased the real property located at 10150 Covington Cross Drive, Las Vegas, Nevada, 89144 for approximately $5 million. The property was previously leased by the Company and has been the location of the U.S. headquarters of the Company since March of 2017. The property is held in a newly formed subsidiary of the Company, PLAYPROPERTIES, LLC. The lease on the property was terminated upon the closing of the purchase.
Property and equipment, net by region consists of the following:
September 30,
2022		 December 31,
2021
United States $ 9,064  $ 1,672 
EMEA(1)
3,431  2,813 
All other countries 1,435  804 
Total property and equipment, net $ 13,930  $ 5,289 
(1)Europe, Middle East, and Africa (“EMEA”). Amounts primarily represent leasehold improvements of local office space and computer equipment.