Property and Equipment, Net

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Property and equipment, net, consists of the following:


	September 30, 2023		December 31, 2022

	(in thousands)
Computer equipment	$	178,351	$	173,832
Computer software	26,068		25,808
Leasehold improvements	20,923		21,009
Scanner appliances	17,784		15,696
Furniture, fixtures and equipment	6,616		6,524
Total property and equipment	249,742		242,869
Less: accumulated depreciation and amortization	(213,582)		(195,441)
Property and equipment, net	$	36,160	$	47,428

As of September 30, 2023 and December 31, 2022, physical scanner appliances and other computer equipment that are or will be subject to leases by customers had a net carrying value of $10.1 million and $6.7 million, respectively, including assets that had not been placed in service of $7.2 million and $4.0 million, respectively.

Depreciation and amortization expenses relating to property and equipment were $5.8 million and $6.7 million for the three months ended September 30, 2023 and 2022, respectively, and $18.4 million and $20.7 million for the nine months ended September 30, 2023 and 2022, respectively, which were primarily recorded in cost of revenues in the condensed consolidated statements of operations.