NOTE 7:-

PROPERTY AND EQUIPMENT, NET

	December 31,
	2025		2024
Cost:

Computer, peripheral equipment and software	$	90,558	$	97,450
Office furniture and equipment		9,428		12,244
Leasehold improvements		5,913		7,695

		105,899		117,389
Accumulated depreciation:

Computer, peripheral equipment and software		76,838		85,213
Office furniture and equipment		8,182		10,350
Leasehold improvements		4,427		6,194

		89,447		101,757

Property and equipment, net	$	16,452	$	15,632

Depreciation expenses for the years ended December 31, 2025, 2024 and 2023 were $7,716, $7,868 and $8,276, respectively.

During 2025 and 2024, the Company retired and fully depreciated assets that were no longer in use. As a result, $20.2 million and $21.7 million, respectively, of cost and related accumulated depreciation was removed from the accounts. No gain or loss was recognized.