v3.26.1
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

9.PROPERTY AND EQUIPMENT

 

Property and equipment, net consisted of the following (in thousands):

 

         
   As of 
   March 31, 2026   December 31, 2025 
Computer hardware and software  $4,339   $4,137 
Furniture, fixture, and equipment   62    42 
Total property and equipment   4,401    4,179 
Less: accumulated depreciation   (1,950)   (1,724)
Property and equipment, net  $2,451   $2,455 

 

For the three months ended March 31, 2026 and March 31, 2025, depreciation expense was $242 thousand and $156 thousand, respectively.

 

 

THE REAL BROKERAGE INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED MARCH 31, 2026 AND 2025

UNAUDITED