Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.20.2
Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 8. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consist of the following:

 

   

Estimated

Life

  December 31,  
    (in years)   2019     2018  
                 
Machinery and equipment   6-8   $ 192     $ 1,851  
Vehicles and trailers   7-10     860       2,276  
Computer equipment and software   2-5 years     721       749  
Leasehold improvements   2-5 years     602       603  
Furniture and fixtures   2-5 years     36       36  
          2,411       5,515  
Less: accumulated depreciation         (1,373 )     (2,268 )
Property and equipment, net       $ 1,038     $ 3,247  

 

Depreciation expense from continuing operations for the years ended December 31, 2019 and 2018, was $811 and $895, respectively.

 

The Company leases various equipment under financing leases. Assets held under financing leases are included in property and equipment as follows:

 

    December 31,  
    2019     2018  
Machinery & equipment   $ 323     $ 1,375  
Less: accumulated depreciation     (123 )     (575 )
    $ 200     $ 800