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Property and Equipment
 12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
 
Property and equipment at December 31, 2017 and December 31, 2016 consisted of the following:
 
(in thousands, except for useful life data)
Useful life
(years)
December 31, 2017
December 31, 2016
Leasehold improvements
7-20
$
2,976

$
1,463

Machinery & equipment
1-12
7,853

6,066

Furniture
1-12
1,698

843

Construction in progress
 
2,075

781

 
 
14,602

9,153

Less: accumulated depreciation
 
(2,402
)
(1,105
)
Total property and equipment, net
 
$
12,200

$
8,048



Depreciation expense for the twelve months ended December 31, 2017 was $1.3 million. Depreciation expense was $0.9 million, $0.3 million, and $0.5 million for the year ended December 31, 2016, the five months ended December 31, 2015, and the seven months ended July 31, 2015, 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 income (loss).