Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.19.1
Property and Equipment
3 Months Ended
Mar. 31, 2019
Property and Equipment  
Property and Equipment

6.Property and Equipment

 

Property and equipment consist of the following:

 

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31,

    

 

 

2019

 

2018

 

 

 

 

 

 

 

 

Furniture and equipment

 

$

1,804

 

$

1,763

 

Leasehold improvements

 

 

1,151

 

 

1,151

 

Processing equipment

 

 

2,495

 

 

2,349

 

Land

 

 

731

 

 

731

 

Projects in process

 

 

6,019

 

 

4,906

 

Property and equipment, at cost

 

 

12,200

 

 

10,900

 

Less: accumulated depreciation and amortization

 

 

(3,042)

 

 

(2,861)

 

Property and equipment, net

 

$

9,158

 

$

8,039

 

 

Depreciation expense for the three months ended March 31, 2019 and 2018 was $211 and $180, respectively.