| Property, Equipment and Software, Net |
Note 5 – Property, Equipment and Software, Net Property, equipment and software, net, consisted of the following as of: | | | | | | | | | June 30, | | December 31, | (in thousands) | | 2024 | | 2023 | Charging station installation costs | | $ | 233,571 | | $ | 198,513 | Charging station equipment | | | 153,244 | | | 130,232 | Construction in process | | | 76,399 | | | 91,803 | Charging equipment | | | 37,381 | | | 38,473 | Software | | | 22,018 | | | 20,743 | Office equipment, vehicles and other | | | 1,852 | | | 1,801 | Total property, equipment and software | | | 524,465 | | | 481,565 | Less accumulated depreciation and amortization | | | (121,047) | | | (92,338) | Property, equipment and software, net | | $ | 403,418 | | $ | 389,227 |
Depreciation, amortization, impairment expense and loss on disposal of property and equipment, net of insurance recoveries, consisted of the following: | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | (in thousands) | | 2024 | | 2023 | | 2024 | | 2023 | Cost of sales | | | | | | | | | | | | | Depreciation of property and equipment | | $ | 13,379 | | $ | 8,915 | | $ | 25,754 | | $ | 16,886 | Amortization of capital-build liability | | | (2,230) | | | (1,632) | | | (4,246) | | | (3,261) | General and administrative expenses | | | | | | | | | | | | | Depreciation of property and equipment | | | 139 | | | 124 | | | 256 | | | 250 | Amortization of software | | | 1,795 | | | 1,213 | | | 3,653 | | | 2,428 | Impairment expense | | | 1,756 | | | 2,392 | | | 4,061 | | | 5,825 | Loss on disposal of property and equipment, net of insurance recoveries | | | 1,001 | | | (9) | | | 1,436 | | | 18 | | | $ | 15,840 | | $ | 11,003 | | $ | 30,914 | | $ | 22,146 |
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