Property and Equipment

12 Months Ended

Dec. 31, 2019

Property and equipment, net, as of December 31, 2019 and 2018 consist of the following:



	December 31,
	2019			2018
Land	$	3,828		$	3,828
Building and improvements	24,172			24,060
Leasehold improvements	501			478
Revenue-generating assets	47,010			38,066
Machinery and equipment	18,022			17,239
Office and computer equipment	14,054			12,681
Motor vehicles	31			31
	107,618			96,383
Less accumulated depreciation	(54,034		)	(45,750		)
	$	53,584		$	50,633

Depreciation expense for the years ended December 31, 2019 and 2018 amounted to $8,798 and $7,026, respectively.

Certain revenue-generating hardware assets are utilized by the Company in the delivery of the Company's airtime services, media, and other content.