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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET
Property and equipment, net, consists of the following:
 
 As of December 31, 2017
 
As of December 31, 2018
Cost:
 

 
 
Computers, peripheral and scientific equipment
$
1,016,000

 
$
1,350,000

Software
1,367,000

 
1,749,000

Leasehold improvements
502,000

 
294,000

Office furniture and equipment
327,000

 
391,000

 
3,212,000

 
3,784,000

Less: Accumulated depreciation and amortization
(1,858,000
)
 
(1,797,000
)
Property and equipment, net
$
1,354,000

 
$
1,987,000


Depreciation for the years ended December 31, 2017 and December 31, 2018 was $595,000 and $704,000, respectively. Cost basis of assets disposed for the years ended December 31, 2017 and December 31, 2018 was $21,000 and $773,000, respectively. The disposals in 2018 were primarily a result of relocating our corporate offices and writing off the fully amortized leasehold improvements related to our former office.