Property and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property and equipment at December 31, 2016 and December 31, 2015 consisted of the following:



(in thousands, except for useful life data)	Useful life (years)	December 31, 2016			December 31, 2015
Leasehold improvements	7-20	$	1,463		$	517
Machinery & equipment	1-12	6,066			3,664
Furniture	1-12	843			145
Construction in progress		781			539
		9,153			4,865
Less: accumulated depreciation		(1,105		)	(259		)
Total property and equipment, net		$	8,048		$	4,606

Depreciation expense for the twelve months ended December 31, 2016 was $0.9 million. Depreciation expense was $0.3 million, $0.5 million, and $0.6 million for the five months ended December 31, 2015, the seven months ended July 31, 2015, and for the year ended December 31, 2014, respectively. Depreciation expense is recorded in cost of sales, selling, general and administrative expense and research and development expense in the consolidated combined statements of (loss) income.