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

Note 6: Property and equipment, net

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Cost:

 

 

 

 

 

 

 

 

Computers and laboratory equipment

 

$

10,121

 

 

$

6,734

 

Office furniture

 

 

1,931

 

 

 

1,245

 

Production equipment

 

 

1,179

 

 

 

857

 

Leasehold improvements

 

 

2,885

 

 

 

1,653

 

Total cost

 

$

16,116

 

 

$

10,489

 

Accumulated depreciation and amortization

 

 

(6,304

)

 

 

(3,937

)

Depreciated cost

 

$

9,812

 

 

$

6,552

 

 

Depreciation expense was $1,673, $1,348 and $886 for the years ended December 31, 2016, 2015 and 2014, respectively.

In 2015, the Company implemented a new Enterprise Resource Planning (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, 2016 and 2015, the Company capitalized an accumulated amount of $4,742 and $2,803, respectively. Amortization for the year ended December 31, 2016 and 2015 was $731 and 250, respectively.