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Property and Equipment, Net
12 Months Ended
Dec. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

5.

Property and Equipment, net

Property and equipment consists of the following (dollars in thousands):

 

 

 

Estimated

Useful Life

 

December 31,

 

 

 

(Years)

 

2017

 

 

2016

 

Machinery and equipment

 

3-10

 

$

12,358

 

 

$

8,628

 

Furniture and fixtures

 

3-5

 

 

1,083

 

 

 

1,190

 

Computer equipment and software

 

3-5

 

 

628

 

 

 

538

 

Buildings

 

Up to 39

 

 

7,995

 

 

 

7,310

 

Land

 

Indefinite

 

 

513

 

 

 

469

 

Construction in-process

 

 

 

 

1,133

 

 

 

1,567

 

 

 

 

 

 

23,710

 

 

 

19,702

 

Less: Accumulated depreciation

 

 

 

 

(8,481

)

 

 

(6,336

)

Total

 

 

 

$

15,229

 

 

$

13,366

 

 

Depreciation expense was $1.9 million, $1.5 million and $1.5 million for each of the years ended December 31, 2017, 2016 and 2015, respectively.    

The net book value of property and equipment subject to lien under the debt agreement is $7.4 million and $5.5 million as of December 31, 2017 and 2016, respectively.