Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
The following table sets forth the details of property and equipment included on the consolidated balance sheets as of December 31, 2023 and 2022:

December 31,
(in thousands) 2023 2022
Computer hardware $ 16,381  $ 17,684 
Computer software 8,764  9,547 
Networking equipment 7,775  7,715 
Leasehold improvements 3,451  3,017 
Furniture and fixtures 1,930  2,550 
Property and equipment $ 38,301  $ 40,513 
Less: accumulated depreciation and amortization (27,345) (28,614)
Property and equipment, net $ 10,956  $ 11,899 

The Company recorded depreciation expense of $5.6 million and $3.7 million, respectively, for the years ended December 31, 2023 and 2022.