Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Property and equipment, net

v3.23.1
Property and equipment, net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and equipment, net Property and equipment, net
Property and equipment consist of the following:
December 31,
2021 2022
Computers and peripheral equipment
 $ 4,922  $ 6,443 
Office furniture and equipment
 1,344  2,205 
Electronic equipment
 228  225 
Leasehold improvements
 4,434  25,236 
Capitalized internal-use software costs
 5,370  8,289 
Total property and equipment 16,298  42,398 
Less: accumulated depreciation and amortization (9,942) (10,575)
Total property and equipment, net
 $ 6,356  $ 31,823 
Depreciation and amortization expenses amounted to $1,982, $2,567 and $6,011 for the years ended December 31, 2020, 2021 and 2022, respectively. Depreciation and amortization expenses for the years ended December 31, 2021 and 2022 include $455 and $2,357 of depreciation expenses for leasehold improvements, office furniture and
equipment and electronic equipment that were disposed in connection with the Company’s move to its new headquarters in Israel.