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PREMISES AND EQUIPMENT, NET
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following:
(in thousands)September 30,
2023
December 31,
2022
Computer hardware and software$46,568 $49,339 
Leasehold improvements1,011 5,794 
Furniture and fixtures102 3,832 
Office equipment and other24 346 
47,705 59,311 
Less: Accumulated depreciation and amortization(45,537)(55,089)
Total$2,168 $4,222 
Depreciation and amortization expense amounted to $1.9 million and $2.7 million for the nine months ended September 30, 2023 and 2022, respectively ($0.6 million and $0.9 million for the third quarter of 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)September 30,
2023
December 31,
2022
Luxembourg$1,459 $2,455 
India602 1,129 
United States80 586 
Uruguay27 52 
Total$2,168 $4,222