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PREMISES AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following as of December 31:
(in thousands)20222021
Computer hardware and software$49,339 $50,452 
Leasehold improvements5,794 5,927 
Furniture and fixtures3,832 4,441 
Office equipment and other346 811 
 59,311 61,631 
Less: Accumulated depreciation and amortization(55,089)(54,758)
Total$4,222 $6,873 
Depreciation and amortization expense amounted to $3.4 million and $4.6 million for the years ended December 31, 2022 and 2021, respectively, and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the consolidated statements of operations and comprehensive (loss) income.
Premises and equipment, net consist of the following by country as of December 31:
(in thousands)20222021
Luxembourg$2,455 $3,883 
United States586 1,932 
India1,129 999 
Uruguay52 59 
Total$4,222 $6,873