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Property and Equipment, Net, and Other Assets
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Property and Equipment, Net, and Other Assets

3. Property and Equipment, Net, and Other Assets

At December 31, 2015 and 2014, Property and equipment, net, and other assets consisted of the following:

 

 

 

As of December 31,

 

 

 

2015

 

 

2014

 

Vehicles

 

$

544,984

 

 

$

544,984

 

Computer equipment

 

 

946,929

 

 

 

793,109

 

Office furniture and fixtures

 

 

634,547

 

 

 

329,210

 

Machinery and equipment

 

 

514,041

 

 

 

458,257

 

Leasehold improvements

 

 

641,273

 

 

 

101,112

 

    Property and equipment, gross

 

 

3,281,774

 

 

 

2,226,672

 

Accumulated depreciation

 

 

(1,973,538

)

 

 

(1,692,835

)

    Property and equipment, net

 

 

1,308,236

 

 

 

533,837

 

Security deposits and other assets

 

 

300,396

 

 

 

219,656

 

     Property and equipment, net, and other assets

 

$

1,608,632

 

 

$

753,493

 

 

We compute depreciation using the straight-line method over the estimated useful lives of the property and equipment.  Depreciation expense for the year ended December 31, 2015 was $314,178, inclusive of $3,641 of depreciation expense reflected within “Cost of revenue” in our consolidated statement of operations as it related to assets used in directly servicing customer contracts.  Depreciation expense for the year ended December 31, 2014 was $292,067, with no depreciation expense recorded to “Cost of revenue.” At December 31, 2015, our capital lease assets were $426,757, net of $34,041 of accumulated depreciation.  At December 31, 2014, our capital lease assets were $51,003, net of $11,539 of accumulated depreciation.