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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2020
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

(2)   PROPERTY AND EQUIPMENT

The components of property and equipment are as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

March 31, 2020

    

December 31, 2019

Property and equipment

 

 

  

 

 

  

Office furniture and equipment

 

$

1,431

 

$

1,178

Assembly equipment

 

 

128

 

 

128

Vehicles

 

 

181

 

 

181

Leasehold improvements

 

 

544

 

 

500

Leased devices

 

 

1,077

 

 

934

 

 

$

3,361

 

 

2,921

Less accumulated depreciation

 

 

(2,245)

 

 

(2,063)

 

 

$

1,116

 

$

858

 

The Company monitors devices out on lease for potential loss and places an estimated reserve on the net book value based on historical loss rates.

Total depreciation expense related to our property and equipment was $0.1 million for each of the three months ended March 31, 2020 and 2019.

Total depreciation expense related to devices out on lease was $0.2 million and $0.1 million for the three months ended March 31, 2020 and 2019, respectively. Depreciation on leased units is reflected on the income statement as cost of revenue.