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PROPERTY, EQUIPMENT AND SOFTWARE, NET (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Property, Equipment and Software, Net | The following summarizes property, equipment and software, net as of December 31, 2024 and 2023 (in thousands):
| December 31,
| 2024 |  | 2023
Furniture and fixtures and other | $ | 394 |  |  | $ | 571 |
Leasehold improvements (1) | 1,001 |  |  | 19,167 |
Computer hardware and purchased software | 4,367 |  |  | 5,741 |
Internally-developed software (2) | 267,777 |  |  | 295,860 |
Total property, equipment and software, gross | 273,539 |  |  | 321,339 |
Less: accumulated depreciation and amortization | (255,712) |  |  | (290,809) |
Property, equipment and software, net | $ | 17,827 |  |  | $ | 30,530 |
(1)The decrease in Leasehold improvements in primarily related to the expiration of our 600 West Chicago lease. (2)The net carrying amount of Internally-developed software was $17.1 million and $28.4 million as of December 31, 2024 and 2023. Depreciation and amortization expense on property, equipment and software is classified as follows in the accompanying Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022 (in thousands):
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Cost of revenue | $ | 13,760 |  |  | $ | 25,024 |  |  | $ | 32,554 |
Selling, general and administrative | 14,129 |  |  | 18,377 |  |  | 21,616 |
Total | $ | 27,889 |  |  | $ | 43,401 |  |  | $ | 54,170 |
The following table summarizes tangible property and equipment, net of accumulated depreciation, by geographical region as of December 31, 2024 and 2023 (in thousands):
| December 31,
| 2024 |  | 2023
United States | $ | 344 |  |  | $ | 1,037 |
Rest of the world | 397 |  |  | 1,127 |
Total tangible long-lived assets | $ | 741 |  |  | $ | 2,164 |
Schedule of Long-lived Assets Impairment Charges | The following table summarizes impairment charges for property, equipment and software by segment that are presented within Long-lived asset impairment on the Consolidated Statements of Operations for the year ended December 31, 2022 (in thousands). We did not recognize any impairment of our long-lived assets during the years ended December 31, 2024, and 2023:
| Year Ended December 31, 2022
|  | North America |  | International |  | Total
Property, equipment and software impairment: |  |  |  |  |  |
Leasehold improvements |  | $ | — |  |  | $ | 1,747 |  |  | $ | 1,747 |
Computer hardware |  | — |  |  | 1,498 |  |  | 1,498 |
Internally-developed software |  | 753 |  |  | — |  |  | 753 |
Other property, equipment and software, net (1) |  | — |  |  | 491 |  |  | 491 |
Total property, equipment and software impairment |  | $ | 753 |  |  | $ | 3,736 |  |  | $ | 4,489 |
(1) Excludes impairment of right-of-use assets - operating leases. See Note 8, Leases, for additional information.

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- Definition Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.CC) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480091/360-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-2 + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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