Property and Equipment, Net

9 Months Ended

Sep. 30, 2019

Property Plant And Equipment Net [Abstract]

Property and Equipment, Net

Note 5—Property and Equipment, net

Property and equipment consisted of the following (in thousands):

	September 30, 2019			December 31, 2018
Demonstration lasers and lasers placed with customers	$	4,521		$	3,254
Machinery and equipment		1,236			1,135
Automobiles		1,358			1,115
Computer hardware and software		359			366
Leasehold improvements		119			104
Furniture and fixtures		48			82
Construction in progress		—			14
Property and equipment, gross		7,641			6,070
Accumulated depreciation		(2,223	)		(1,313	)
Property and equipment, net	$	5,418		$	4,757

Depreciation expense was $0.4 million and $0.2 million for the three months ended September 30, 2019 and 2018, respectively and $1.0 million and $0.4 million for the nine months ended September 30, 2019 and 2018, respectively.

The inconsistencies in the DABRA catheter performance, the voluntary product recall and the reduction in the sales force resulted in lower current and expected revenues for the vascular segment, which led the Company to accelerate its annual testing for asset impairment into the third quarter. The Company concluded that there was no impairment at September 30, 2019.