Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment at December 31, 2020 and December 31, 2019 consisted of the following:

(in thousands, except for useful life data)	Useful life (years)			December 31, 2020		December 31, 2019
Buildings and leasehold improvements	7	-	20	$	6,416	$	6,508
Machinery & equipment	1	-	12	11,981		10,954
Furniture	1	-	12	3,031		2,681
Construction in progress				1,146		902
				22,574		21,045
Less: accumulated depreciation				(10,142)		(7,868)
Total property and equipment, net				$	12,432	$	13,177

Depreciation expense for the year ended December 31, 2020 and 2019 was $3.2 million and $2.2 million, respectively. Depreciation expense is recorded in cost of sales, selling, general and administrative expense and research and development expense in the consolidated statements of (loss) income.