Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

Property and Equipment, Net

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

NOTE 8. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following:

	Estimated	December 31
	Life
	(in years)	2018			2017

Machinery and equipment	6-8	$	1,598		$	1,686
Vehicles and trailers	7-10		2,276			2,276
Network services platform	5		—			3,438
Computer equipment and software	2-5 years		1,281			1,150
Leasehold improvements	2-5 years		647			183
Furniture and fixtures	2-5 years		56			33
			5,858			8,766
Less: accumulated depreciation			(2,453	)		(1,684	)
Property and equipment, net		$	3,405		$	7,082

The Company completed the development of the new network infrastructure services platform on October 11, 2017, due to market conditions during 2018 this platform was determined to be obsolete and was written off to selling, general and administration costs for the year ended December 31, 2018.

Depreciation expense for the years ended December 31, 2018 and 2017, was $934 and $760, respectively.

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

	December 31,
	2018			2017
Machinery & equipment	$	1,375		$	1,548
Less: accumulated depreciation		(575	)		(438	)
	$	800		$	1,110