Tenable Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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FY2024 · Filed Feb 24, 2025
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5. Property and Equipment, Net
- Property and Equipment, Net
Property and equipment, net consisted of the following:
| December 31, | ||
|---|---|---|
| (in thousands) | 2024 | 2023 |
| Computer software and equipment | $21,051 | $21,845 |
| Internally developed software | 39,944 | 32,261 |
| Furniture and fixtures | 5,140 | 6,513 |
| Leasehold improvements | 24,524 | 29,354 |
| Total | 90,659 | 89,973 |
| Less: accumulated depreciation and amortization | (51,394) | (44,537) |
| Property and equipment, net | $39,265 | $45,436 |
Depreciation and amortization related to property and equipment was $13.7 million, $13.2 million and $10.8 million in 2024, 2023 and 2022, respectively.
In 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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