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Software and Equipment, Net
 6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Software and Equipment, Net [Abstract]    
SOFTWARE AND EQUIPMENT, NET

7. SOFTWARE AND EQUIPMENT, NET

 

Software and equipment, net, consisted of the following:

 

   December 31,   June 30, 
   2022   2023 
Cost        
Vehicles  $979   $994 
Office equipment and furniture   184    176 
Electronic equipment   10,587    10,106 
Computer software   16,523    15,716 
Leasehold improvements   762    710 
Others   733    697 
Total   29,768    28,399 
Less: accumulated depreciation   (11,277)   (13,359)
Property and equipment, net  $18,491   $15,040 

 

Depreciation expense was $2,077 and $2,840 for the six months ended June 30, 2022 and 2023, respectively.
7. SOFTWARE AND EQUIPMENT, NET

 

Software and equipment, net, consisted of the following:

 

   December 31, 
   2021   2022 
Cost        
Vehicles   1,094    979 
Office equipment and furniture   201    184 
Electronic equipment   10,277    10,587 
Computer software (i)   5,053    16,523 
Leasehold improvements   825    762 
Others   794    733 
Total   18,244    29,768 
Less: accumulated depreciation   (7,505)   (11,277)
Software and equipment, net  $10,739    18,491 

 

(i) In 2022, hybrid cloud platform developed with the assistance of a third-party cloud service provider was partially substantially ready for use and transferred from other non-current assets. Cost of hybrid cloud platform represents the purchase price of the platform and other expenditures incurred to bring the platform into its intended use. The application of the hybrid cloud platform was to improve the IT development capability for internal-used software platforms which provide automotive after-sales services and insurance intermediation services to customers, and Software-As-A-Service (“SaaS”) products which are provided to business partners as technology services.

 

Depreciation expense was $1,613, $4,055, and $5,078 for the years ended December 31, 2020, 2021 and December 31, 2022, respectively.

 

During the years ended December 31, 2020, 2021 and 2022, the Group recorded no impairment loss of software and equipment.