AerSale Corporation Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2023

Property and equipment, net, as of the below dates consisted of the following (in thousands):


	Useful Life
	In Years	September 30, 2023		December 31, 2022
Tooling and equipment	7 - 15	$	15,791	$	14,649
Furniture and other equipment	5		12,030		10,090
Computer software	5		2,244		2,152
Leasehold improvements	3 - 10		13,085		7,390
Equipment under capital lease	5		192		192
Flight equipment held for R&D	2		7,784		-
			51,126		34,473
Less accumulated depreciation			(26,034)		(21,835)
		$	25,092	$	12,638