Property and Equipment

3 Months Ended

Mar. 31, 2018

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment at March 31, 2018 and December 31, 2017 consisted of the following:

(in thousands, except for useful life data)	Useful life (years)	March 31, 2018			December 31, 2017
Leasehold improvements	7-20	$	3,015		$	2,976
Machinery & equipment	1-12	7,799			7,853
Furniture	1-12	1,707			1,698
Construction in progress		3,987			2,075
		16,508			14,602
Less: accumulated depreciation		(2,771		)	(2,402		)
Total property and equipment, net		$	13,737		$	12,200

Depreciation expense for the three months ended March 31, 2018 and March 31, 2017 was $0.4 million and $0.3 million, respectively. Depreciation expense is recorded in cost of sales, selling, general and administrative expense and research and development expense in the condensed consolidated statements of operations.