| Schedule of property and equipment |
Property and equipment consists of the following (in thousands):
| | | | | | | | | | | | | As of: | | June 30, 2023 | | December 31, 2022 | | Globalstar System: | | | | | Space component | $ | 1,246,343 | | | $ | 1,246,343 | | | | | | | Ground component | 99,585 | | | 102,567 | | | Construction in progress: | | | | | Space component | 190,611 | | | 110,068 | | | Ground component | 11,211 | | | 5,316 | | | Other | 8,444 | | | 9,167 | | | Total Globalstar System | 1,556,194 | | | 1,473,461 | | | Internally developed and purchased software | 23,225 | | | 22,509 | | | Equipment | 9,312 | | | 8,042 | | | Land and buildings | 1,816 | | | 1,681 | | | Leasehold improvements | 2,085 | | | 2,083 | | | Total property and equipment | 1,592,632 | | | 1,507,776 | | | Accumulated depreciation | (987,130) | | | (947,405) | | | Total property and equipment, net | $ | 605,502 | | | $ | 560,371 | |
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