Quarterly report pursuant to Section 13 or 15(d)

FIXED ASSETS

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FIXED ASSETS
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
FIXED ASSETS

NOTE 7 - FIXED ASSETS

 

Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows:

SCHEDULE OF FIXED ASSETS 

    December 31, 2020     September 30, 2021  
          (Unaudited)  
Installed products   $ 4,174     $ 5,846  
Computer software     5,882       6,383  
Computer and electronic equipment     5,273       5,515  
Furniture and fixtures     1,828       1,919  
Leasehold improvements     1,353       1,375  
                 
      18,510       21,038  
Accumulated depreciation and amortization     (9,706 )     (12,186 )
    $ 8,804     $ 8,852  

 

Depreciation and amortization expense of fixed assets for the three- and nine-month periods ended September 30, 2020 was $777, and $2,163, respectively, and for the three- and nine-month periods ended September 30, 2021 was $865 and $2,498, respectively. This includes amortization of costs associated with computer software for the three- and nine-month periods ended September 30, 2020 of $128 and $389, respectively, and for the three- and nine- month periods ended September 30, 2021 of $106 and $316, respectively.