XML 63 R45.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Summary of significant accounting policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Summary of Property and Equipment
The estimated useful lives (in years) of the main categories of our property and equipment are as follows:
AssetEstimated useful life (in years)
Computer hardware and software3
Vehicles5
Office furniture and fixture10
Buildings50
Property and equipment, net consists of the following:
As of December 31,
2023
As of December 31,
2022
Computer hardware and software$32,640 $37,156 
Office furniture and fixtures16,540 14,687 
Buildings2,001 2,042 
Vehicles730 1,814 
Land41 268 
Total property and equipment$51,952 $55,967 
Accumulated depreciation (1)
(35,552)(40,435)
Total property and equipment, net$16,400 $15,532 
(1)Accumulated depreciation as of December 31, 2023 comprised of $26,784, $7,859, $305 and $604 for computer hardware and software, office furniture and fixtures, buildings and vehicles, respectively. Accumulated depreciation as of December 31, 2022 comprised of $28,812, $10,565, $289 and $769 for computer hardware and software, office furniture and fixtures, buildings and vehicles, respectively.
The changes in the balance of property and equipment for the years ended December 31, 2023 and 2022 consist of the following:
As of December 31,
2023
As of December 31,
2022
Balance, beginning of year$15,532 $17,285 
Additions9,820 4,288 
Acquisitions (Note 4)— 769 
Depreciation(8,535)(7,018)
Foreign currency translation adjustment1,079 208 
Assets held for sale (Note 32)(1,496)— 
Balance, end of year$16,400 $15,532 
Depreciation expense for the years ended December 31, 2023, 2022 and 2021 was classified as follows:
For the year ended December 31
202320222021
Technology and product development$3,824 $2,591 $2,913 
General and administrative3,187 2,359 2,695 
Selling and marketing1,524 2,068 1,309 
Total depreciation expense$8,535 $7,018 $6,917