Property and Equipment

12 Months Ended

Dec. 31, 2014

Note 3. Property and Equipment

Property and equipment are stated at cost, less accumulated depreciation, and consist of the following as of December 31, 2014 and 2013 (in thousands):

	December 31,
	2014			2013
Computer equipment and software	$	4,796		$	4,565
Furniture and office equipment		180			185
Leasehold improvements		360			355
		5,336			5,105
Accumulated depreciation		(4,919	)		(4,644	)
	$	417		$	461

Depreciation expense was $275,000, $351,000, and $503,000 for the years ended December 31, 2014, 2013, and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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