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Property and Equipment
9 Months Ended
Sep. 30, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

8. Property and Equipment

Property and equipment consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

 

(In thousands)

 

 

 

(unaudited)

 

 

 

 

 

Machinery, manufacturing and demonstration equipment

 

$

10,763

 

 

$

7,579

 

Computer equipment

 

 

2,137

 

 

 

2,124

 

Furniture

 

 

595

 

 

 

614

 

Leasehold improvements

 

 

2,222

 

 

 

2,028

 

Total property and equipment

 

 

15,717

 

 

 

12,345

 

Accumulated depreciation and amortization

 

 

(8,520

)

 

 

(6,573

)

Property and equipment, net

 

$

7,197

 

 

$

5,772

 

 

 

As disclosed in Note 14, the Company executed a restructuring plan in May 2016 and disposed of certain long-lived assets, primarily equipment and fixtures related to the SurgiBot System.  The disposal of long-lived assets of $1.0 million is included as a component of restructuring and other charges in the accompanying consolidated statement of operations and comprehensive loss for the nine months ended September 30, 2016.  There were no such disposals for the three and nine months ended September 30, 2017.

 

Depreciation expense was $1,820,000 and $1,498,000 for the nine months ended September 30, 2017 and 2016, respectively. Depreciation expense was $678,000 and $446,000 for the three months ended September 30, 2017 and 2016, respectively.