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PROPERTY AND EQUIPMENT, NET
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
OLD PlayStudios, Inc.    
PROPERTY AND EQUIPMENT, NET

NOTE 7—PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following:

 

 

 

 

 

 

 

 

    

March 31, 2021

    

December 31, 2020

Computer equipment

 

$

8,550

 

$

8,328

Leasehold improvements

 

 

6,233

 

 

6,365

Furniture and fixtures

 

 

2,243

 

 

2,266

Construction in progress

 

 

87

 

 

90

Total property and equipment

 

 

17,113

 

 

17,049

Less: accumulated depreciation

 

 

(11,426)

 

 

(10,848)

Total property and equipment, net

 

$

5,687

 

$

6,201

 

The aggregate depreciation expense for property and equipment, net is reflected in “Depreciation and amortization” in the Consolidated Statements of Operations. During the three months ended March 31, 2021 and 2020, depreciation expense was $0.7 million and $0.7 million, respectively. No impairment charges or material disposals were recorded during the three months ended March 31, 2021 and 2020.

Property and equipment, net by region consists of the following:

 

 

 

 

 

 

 

 

    

March 31, 2021

    

December 31, 2020

United States

 

$

1,850

 

$

2,098

EMEA(1)

 

 

3,282

 

 

3,436

All other countries

 

 

555

 

 

667

Total property and equipment, net

 

$

5,687

 

$

6,201


(1)

Europe, Middle East and Africa (“EMEA”). Amounts primarily represent leasehold improvements of local office space and computer equipment.

NOTE 5—PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

December 31,

 

    

2020

    

2019

Computer equipment

 

$

8,328

 

$

7,176

Leasehold improvements

 

 

6,365

 

 

5,953

Furniture and fixtures

 

 

2,266

 

 

2,081

Construction in progress

 

 

90

 

 

14

Total property and equipment

 

 

17,049

 

 

15,224

Less: accumulated depreciation

 

 

(10,848)

 

 

(7,889)

Total property and equipment, net

 

$

6,201

 

$

7,335

 

The aggregate depreciation expense for property and equipment, net is reflected in “Depreciation and amortization” in the Consolidated Statements of Operations. During the years ended December 31, 2020, 2019 and 2018, depreciation expense was $2.8 million, $2.6 million and $1.9 million, respectively. No impairment charges or material write-offs were recorded for the years ended December 31, 2020, 2019 and 2018.

Property and equipment, net by region consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

December 31,

 

    

2020

    

2019

United States

 

$

2,098

 

$

2,748

EMEA(1)

 

 

3,436

 

 

3,607

All other countries

 

 

667

 

 

980

Total property and equipment, net

 

$

6,201

 

$

7,335


(1)

Europe, Middle East and Africa (“EMEA”). Amounts primarily represent leasehold improvements of local office space and computer equipment.