Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following (in thousands):


	December 31,
	2020		2019
Network equipment and software	$	4,957	$	6,251
Computer equipment and software	5,686		$	7,232
Leasehold improvements	164		$	953
Office furniture and equipment	752		$	369
	11,559		14,805
Accumulated depreciation and amortization	(10,986)		(13,489)
Property and equipment, net	$	573	$	1,316


			Estimated Useful Life
Network equipment and software			3 to 5 Years
Computer equipment and software			3 to 5 Years
Leasehold improvements			(*)
Office furniture and equipment			3 to 10 Years

(*) – Amortized over the shorter period of the estimated useful life (five years) or the lease term.

Related depreciation and amortization expense for the consolidated entities was $708,000 and $614,000 for the years ended December 31, 2020 and December 31, 2019, respectively.

For the years ended December 31, 2020 and December 31, 2019, the Company recorded asset impairment charges on property and equipment of $144,000 and $63,000, which pertained primarily to assets no longer used in the business. During the year ended December 31, 2020, the Company transferred trade show assets valued at $78,000 (net of $38,000 depreciation) from inventory to fixed assets; disposed of fixed assets of $3,438,000, and the corresponding accumulated depreciation of $3,287,000, for proceeds of $7,000 resulting in a loss on disposal of $144,000.