Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
 12 Months Ended
Dec. 31, 2016
Property and Equipment [Abstract]  
Property and Equipment

Note 4—Property and Equipment

 

Property and equipment consists of the following (in thousands):

 

      As of December 31,  
      2016     2015  
  Land   $ 782     $ 782  
  Buildings     785       785  
  Software     2,606       2,607  
  Equipment     1,960       1,926  
  Furniture and fixtures     335       335  
  Building and leasehold improvements     1,172       1,170  
  Property and equipment     7,640       7,605  
  Less: accumulated depreciation     (6,510 )     (6,379 )
  Property and equipment, net   $ 1,130     $ 1,226  

 

Depreciation expense on property and equipment in each of the years ended December 31, 2016 and 2015 was approximately $0.1 million and $0.2 million, respectively.