Tenable Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
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5. Property and Equipment, Net
- Property and Equipment, Net
Property and equipment, net consisted of the following:
| (in thousands) | September 30, 2024 | December 31, 2023 |
|---|---|---|
| Computer software and equipment | $20,131 | $21,845 |
| Internally developed software | 39,250 | 32,261 |
| Furniture and fixtures | 5,191 | 6,513 |
| Leasehold improvements | 22,992 | 29,354 |
| Total | 87,564 | 89,973 |
| Less: accumulated depreciation and amortization | (47,784) | (44,537) |
| Property and equipment, net | $39,780 | $45,436 |
Depreciation and amortization related to property and equipment was $3.6 million, $3.2 million, $10.0 million and $9.7 million in the three months ended September 30, 2024 and 2023 and the nine months ended September 30, 2024 and 2023, respectively.
In the nine months ended September 30, 2024, we recorded a $4.5 million impairment for furniture and fixtures and leasehold improvements. See Note 7 for additional information.
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