qualifying for capitalization have been insignificant. Accordingly, the Company has not capitalized any software development costs. Impairment of Long-Lived Assets The Company reviews the recoverability of its long-lived assets, such as property and equipment, when events or changes in circumstances occ

qualifying for capitalization have been insignificant. Accordingly, the Company has not capitalized any software development costs. Impairment of Long-Lived Assets The Company reviews the recoverability of its long-lived assets, such as property and equipment, when events or changes in circumstances occ

ntents Fogo de Chit% Inc. Notes to Consolidated Financial Statements (Continued) (in thousands, except share and per share amounts) Impairment of Long-Lived Assets The Company reviews property and equipment and definite-lived intangible assets for impairment when events or circumstances indicate these a

rent expense on a straight-line basis over the term of the lease by the amount of the allowances provided. F-15 Table of Contents, Impairment of Long-Lived Assets The Company evaluates the recoverability of property and equipment and other assets, including identifiable intangible assets with definite