Fixed Assets

Fixed assets are stated at cost, less accumulated depreciation. The following table summarizes Actua's fixed assets:



(in thousands)		As of December 31,
	Useful Life	2017			2016
Computer equipment and software, office equipment and furniture	3-5 years	$	1,297		$	1,346
Leasehold improvements	5 years	529			502
Total cost		1,826			1,848
Less: accumulated depreciation		(1,774		)	(1,755		)
Fixed assets, net of accumulated depreciation and amortization		$	52		$	93

Depreciation expense relating to continuing operations for the years ended December 31, 2017, 2016 and 2015 was de minimis, $0.1 million and $0.4 million, respectively. Actua uses the straight-line method of depreciation.