Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.19.3
Property and Equipment
9 Months Ended
Sep. 30, 2019
Property and Equipment  
Property and Equipment

7.

Property and Equipment

Property and equipment consist of the following:

    

September 30,

    

December 31,

    

2019

2018

Furniture and equipment

$

2,026

$

1,763

Leasehold improvements

 

1,331

 

1,151

Processing equipment

 

2,718

 

2,349

Land

731

731

Projects in process

8,358

4,906

Property and equipment, at cost

15,164

10,900

Less: accumulated depreciation and amortization

 

(3,491)

 

(2,861)

Property and equipment, net

$

11,673

$

8,039

Depreciation expense for the three months ended September 30, 2019 and 2018 was $192 and $200, respectively. Depreciation expense for the nine months ended September 30, 2019 and 2018 was $631 and $575, respectively.