XML 41 R14.htm IDEA: XBRL DOCUMENT v3.3.1.900
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

Note 6: Property and equipment, net

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

Cost:

 

 

 

 

 

 

 

 

Computers and laboratory equipment

 

$

6,734

 

 

$

3,745

 

Office furniture

 

 

1,245

 

 

 

995

 

Production equipment

 

 

857

 

 

 

-

 

Leasehold improvements

 

 

1,653

 

 

 

1,343

 

Total cost

 

$

10,489

 

 

$

6,083

 

Accumulated depreciation and amortization

 

 

(3,937

)

 

 

(2,351

)

Depreciated cost

 

$

6,552

 

 

$

3,732

 

 

Depreciation expense was $1,348, $886 and $520 for the years ended December 31, 2015, 2014 and 2013, respectively.

In 2015, the Company implemented a new ERP system and capitalized costs incurred related to the system according to FASB ASC 350-40, "Accounting for the costs of Computer Software Developed or Obtained for Internal Use". As of December 31, 2015, the Company capitalized an accumulated amount of $2,803. Amortization for the year ended December 31, 2015 was $250.