| BALANCE SHEET COMPONENTS |
2. BALANCE SHEET COMPONENTS Property and equipment, net consists of the following: | | | | | | | | | As of June 30, | | | 2026 | | 2025 | | | | (in thousands) | Computers and equipment | | $ | 3,984 | | $ | 3,657 | Furniture and fixtures | | | 1,043 | | | 967 | Leasehold improvements | | | 817 | | | 750 | Total | | | 5,844 | | | 5,374 | Accumulated depreciation and amortization | | | (4,972) | | | (4,704) | Property and equipment, net | | $ | 872 | | $ | 670 |
Depreciation and amortization expense was $388,000 and $340,000 for the fiscal years ended June 30, 2026 and 2025, respectively. Disposed property and equipment, which were substantially fully-depreciated, were $2,000 and $351,000 for the fiscal years ended June 30, 2026 and June 30, 2025, respectively. Accrued compensation consists of the following: | | | | | | | | | As of June 30, | | | 2026 | | 2025 | | | | (in thousands) | Accrued bonuses | | $ | 955 | | $ | 2,966 | Accrued vacation | | | 2,470 | | | 2,507 | Payroll and other employee related costs | | | 911 | | | 1,086 | Accrued commissions | | | 274 | | | 190 | Accrued compensation | | $ | 4,610 | | $ | 6,749 |
Accrued liabilities consists of the following: | | | | | | | | | As of June 30, | | | 2026 | | 2025 | | | | (in thousands) | VAT liability | | $ | 907 | | $ | 937 | Customer advances | | | 383 | | | 340 | Sales tax payable | | | 111 | | | 95 | Accrued other liabilities | | | 2,866 | | | 1,449 | Accrued liabilities | | $ | 4,267 | | $ | 2,821 |
Other assets, net consists of the following: | | | | | | | | | As of June 30, | | | 2026 | | 2025 | | | | (in thousands) | Deferred tax assets | | $ | 27,896 | | $ | 28,226 | Prepaid others | | | 68 | | | 182 | Deposits | | | 198 | | | 129 | Other receivable | | | 68 | | | 55 | Other assets, net | | $ | 28,230 | | $ | 28,592 |
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