Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.1.9
Property and Equipment
12 Months Ended
Dec. 31, 2014
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,  
    2014     2013  
Land   $ 782     $ 782  
Buildings     785       785  
Software     2,607       2,607  
Equipment     2,253       2,108  
Furniture and fixtures     720       845  
Building and leasehold improvements     1,156       1,115  
Property and equipment     8,303       8,242  
Less: accumulated depreciation     (6,979 )     (6,950 )
Property and equipment, net   $ 1,324     $ 1,292  

 

Depreciation expense on property and equipment in each of the years ended December 31, 2014 and 2013 was approximately $0.2 million and $0.3 million, respectively.