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Property and Equipment
6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net, as of June 30, 2023 and December 31, 2022 consist of the following:
June 30,
2023
December 31,
2022
Land$2,833 $2,833 
Building and improvements18,839 18,869 
Leasehold improvements442 513 
Machinery and equipment5,794 5,948 
Revenue-generating assets75,190 72,527 
Office and computer equipment15,058 14,652 
Motor vehicles31 31 
118,187 115,373 
Less accumulated depreciation(67,397)(62,255)
$50,790 $53,118 

Depreciation expense was $3,404 and $3,243 for the three months ended June 30, 2023 and 2022, respectively and $6,772 and $6,308 for the six months ended June 30, 2023 and 2022, respectively.

Certain revenue-generating hardware assets are utilized by the Company in the delivery of the Company's airtime services, media and other content.