General form of registration statement for all companies including face-amount certificate companies

Property and Equipment, net

v3.21.2
Property and Equipment, net
12 Months Ended
Dec. 31, 2020
Bird Rides [Member]  
Property and Equipment, net
Note 3 — Property and Equipment, net
The Company’s property and equipment, net consists of the following (in thousands):
 
    
December 31,
 
    
2020
    
2019
 
Computer Hardware, Software and Equipment
     $5,009        $6,612  
Leasehold Improvements
     1,354        6,347  
Furnitures & Fixtures
     2,389        2,307  
Less: Accumulated Depreciation
     (4,600      (3,730
    
 
 
    
 
 
 
Total property and equipment, net
     $4,152        $11,536  
    
 
 
    
 
 
 
Depreciation expense relating to property and equipment was $4.6 million and $3.1 million for the years ended December 31, 2020 and 2019, respectively. During the year ended December 31, 2020, the Company recognized $3.4 million in losses related to the disposal of property and equipment.