XML 26 R16.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Property and Equipment
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net, as of June 30, 2024 and December 31, 2023 consist of the following:
June 30,
2024		December 31,
2023
Land$2,833 $2,833 
Building and improvements18,839 18,839 
Leasehold improvements437 445 
Machinery and equipment6,020 5,989 
Revenue-generating assets64,526 60,984 
Office and computer equipment11,737 14,213 
Motor vehicles31 31 
104,423 103,334 
Less accumulated depreciation(59,639)(55,654)
$44,784 $47,680 

Depreciation expense was $3,637 and $3,404 for the three months ended June 30, 2024 and 2023, respectively, and $6,784 and $6,772 for the six months ended June 30, 2024 and 2023, respectively.

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

As of June 30, 2024 and December 31, 2023, the long-lived tangible assets related to the Company’s international subsidiaries were less than 10% of the Company’s long-lived tangible assets.