v3.26.3
PREMISES AND EQUIPMENT, NET
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
PREMISES AND EQUIPMENT, NET PREMISES AND EQUIPMENT, NET
Premises and equipment, net consists of the following:
(in thousands)September 30,
2026
December 31,
2025
Computer hardware and software$46,350 $46,093 
Leasehold improvements709 709 
Furniture and fixtures28 72 
Office equipment and other144 17 
47,231 46,891 
Less: Accumulated depreciation and amortization(46,241)(46,638)
Total$990 $253 
Depreciation and amortization expense amounted to $0.2 million and $0.4 million for the nine months ended September 30, 2026 and 2025, respectively ($0.1 million and $0.1 million for the third quarters of 2026 and 2025, respectively), and is
included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the accompanying condensed consolidated statements of operations and comprehensive (loss) income.
Premises and equipment, net consist of the following by country:
(in thousands)September 30,
2026
December 31,
2025
Luxembourg$71 $190 
India724 40 
United States193 20 
Uruguay2 3 
Total$990 $253