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Property and Equipment, Net
12 Months Ended
Dec. 31, 2021
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 three to ten years. Property and equipment consist of the following:

 

    December 31,     December 31,     Average  
    2021     2020     Life  
Furniture and fixtures   $ 3,914     $ 3,492     3-5 years  
Equipment and vehicles     39,222       32,797     3-10 years  
Computers     21,055       19,649     3-7 years  
Leasehold improvements     5,925       5,548     3-5 years  
Construction in progress     980       130        
Accumulated depreciation and amortization     (57,339 )     (47,482 )      
    $ 13,757     $ 14,134        

 

Property and equipment under capital leases:

 

   December 31,   December 31, 
   2021   2020 
Computer equipment  $1,583   $1,578 
Less accumulated depreciation   (1,386)   (1,021)
   $197   $557 

 

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

 

2022   $365 
2023    281 
2024    99 
2025    19 
2026    
-
 
Thereafter    
-
 
    $764 

 

Depreciation expense was $6.0 million and $5.6 million for the years ended December 31, 2021 and 2020, respectively.