PREMISES AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

PREMISES AND EQUIPMENT, NET

PREMISES AND EQUIPMENT, NET

Premises and equipment, net consists of the following:

(in thousands)	March 31, 2023		December 31, 2022
Computer hardware and software	$	46,859	$	49,339
Leasehold improvements	2,457		5,794
Furniture and fixtures	1,346		3,832
Office equipment and other	262		346
	50,924		59,311
Less: Accumulated depreciation and amortization	(47,424)		(55,089)
Total	$	3,500	$	4,222

Depreciation and amortization expense amounted to $0.7 million and $1.0 million for the three months ended March 31, 2023 and 2022, respectively, and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the accompanying condensed consolidated statements of operations and comprehensive loss.

Premises and equipment, net consist of the following, by country:

(in thousands)	March 31, 2023		December 31, 2022
Luxembourg	$	2,117	$	2,455
India	960		1,129
United States	376		586
Uruguay	47		52
Total	$	3,500	$	4,222