Property and Equipment
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

2. Property and Equipment

 

Property and equipment consist of the following:

 

 

 

 

 

 

 

 

(in thousands)

 

Years Ended December 31, 

 

    

2016

    

2015

Machinery & Equipment

 

$

2,598

 

$

2,537

Furniture & Fixtures

 

 

1,031

 

 

1,043

Software

 

 

666

 

 

655

Leasehold improvements

 

 

3,307

 

 

3,218

 

 

 

7,602

 

 

7,453

Less accumulated depreciation

 

 

3,892

 

 

3,113

Property and equipment, net

 

$

3,710

 

$

4,340

 

Depreciation expense for the years ended December 31, 2016 and 2015 was $0.9 million and $1.2 million, respectively.