v3.25.2
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 5. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands): 

        
   June 30,
2025
   December 31,
2024
 
ATM Equipment  $25,856   $23,271 
Computer equipment   941    799 
Office equipment   51    186 
Leasehold improvement   148     
    26,996    24,256 
Less accumulated depreciation   11,302    8,011 
Total property and equipment  $15,694   $16,245 

 

Depreciation expense for the three months ended June 30, 2025 and 2024 was $1,823 and $994 respectively. Depreciation expense for the six months ended June 30, 2025 and 2024 was $3,498 and $1,773 respectively.