Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT, NET

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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 9—PROPERTY AND EQUIPMENT, NET
Property and equipment, net consists of the following:
December 31,
2023		 December 31,
2022
Land and land improvements $ 1,680  $ 1,382 
Building and building improvements 6,046  3,705 
Computer equipment 9,021  9,423 
Leasehold improvements 9,811  10,204 
Purchased software 2,115  4,471 
Furniture and fixtures 4,331  3,553 
Construction in progress 460  648 
Total property and equipment 33,464  33,386 
Less: accumulated depreciation (15,915) (15,854)
Total property and equipment, net $ 17,549  $ 17,532 
The aggregate depreciation expense for property and equipment, net is reflected in “Depreciation and amortization” in the Consolidated Statements of Operations. During the years ended December 31, 2023, 2022, and 2021, depreciation expense was $5.5 million, $4.7 million, and $2.8 million, respectively. No impairment charges or material write-offs were recorded for the years ended December 31, 2023, 2022, and 2021.
Property and equipment, net by region consists of the following:
December 31,
2023		 December 31,
2022
United States $ 13,462  $ 12,331 
Europe, Middle East, and Africa
 2,895  3,756 
All other regions and countries 1,192  1,445 
Total property and equipment, net $ 17,549  $ 17,532