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Property and Equipment, Net
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 5 – PROPERTY AND EQUIPMENT, NET

 

The Company depreciates its assets on a straight-line basis over the assets' useful lives, which range from 3 to 10 years. Property and equipment consist of the following:

 

    March 31,     December 31,     Average
    2020     2019     life
                 
Furniture and fixtures   $ 3,000     $ 2,793     3-5 years
Equipment and vehicles     31,668       29,504     3-10 years
Computers     18,902       15,122     3 years
Leasehold improvements     5,047       4,936     3-5 years
Construction in Progress     79       2,503      
Less:  Accumulated depreciation and amortization     (42,750 )     (40,034 )    
                     
    $ 15,946     $ 14,824      

 

Property and equipment under capital leases:

 

    March 31,     December 31,  
    2020     2019  
             
Computer equipment   $ 1,450     $ 1,241  
Less accumulated depreciation     (664 )     (557 )
    $ 786     $ 684  

 

Capital leases for computer equipment have an average lease term of five years with minimum lease payments as follows:

 

2020 (nine months remaining)  $329 
2021   335 
2022   334 
2023   250 
2024   73 
Thereafter   - 
   $1,321 

 

Depreciation expense was approximately $1.4 million and $1.3 million for the quarters ended March 31, 2020 and 2019, respectively.