v3.26.1
PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

9. PROPERTY AND EQUIPMENT

 

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

  

   June 30, 2026   December 31, 2025 
   As of 
   June 30, 2026   December 31, 2025 
Computer hardware and software  $4,420   $4,137 
Furniture, fixture, and equipment   55    42 
Total property and equipment   4,475    4,179 
Less: accumulated depreciation   (2,122)   (1,724)
Property and equipment, net  $2,353   $2,455 

 

For the three and six months ended June 30, 2026, depreciation expense was $221 thousand and $463 thousand, respectively. For the three and six months ended June 30, 2025, depreciation expense was $176 thousand and $332 thousand, respectively.

 

 

THE REAL BROKERAGE INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED June 30, 2026 AND 2025

UNAUDITED