Property and Equipment

12 Months Ended

Dec. 31, 2015

Property and Equipment

Property and Equipment

5. Property and Equipment

        Property and equipment, consisting of manufacturing, office and computer equipment, is stated at cost, less accumulated depreciation. Depreciation is computed using the straight-line, method over the estimated useful lives of the assets. Property and equipment consist of the following:

	December 31
	2015			2014			Estimated Life
Office equipment	$	55		$	55		3 - 10 years
Computer equipment		106			95		3 years
Manufacturing equipment		12,461			12,182		5 years
		12,622			12,332
Less: accumulated depreciation		(304	)		(286	)
Property and equipment, net	$	12,318		$	12,046

        As December 31, 2015 and 2014, manufacturing equipment includes approximately $12.3 million and $12.0 million, respectively, of equipment which is in the process of being constructed and qualified and is not currently being depreciated.