Property and Equipment, Net

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [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:

	June 30,			December 31,			Average
	2020			2019			life
Furniture and fixtures	$	3,071		$	2,793		3-5 years
Equipment and vehicles		31,959			29,504		3-10 years
Computers		19,349			15,122		3 years
Leasehold improvements		5,065			4,936		3-5 years
Construction in progress		48			2,503
Less:  Accumulated depreciation and amortization		(44,053	)		(40,034	)
	$	15,439		$	14,824

Property and equipment under capital leases:

	June 30,			December 31,
	2020			2019
Computer equipment	$	1,532		$	1,241
Less accumulated depreciation		(783	)		(557	)
	$	749		$	684

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

2020 (six months remaining)	$	165
2021		354
2022		353
2023		269
2024		73
Thereafter		-
	$	1,214

Depreciation expense was approximately $1.5 million for the three months ended June 30, 2020 and 2019, respectively and $2.9 million for the six months ended June 30, 2020 and 2019, respectively.