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PROPERTY AND EQUIPMENT
6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment consist of the following at June 30, 2016 and December 31, 2015:

 

    2016     2015  
    (in thousands)  
Computer equipment and purchased software (3 years)   $ 1,427     $ 1,378  
Internally developed software either placed or not yet placed in service  (5 years)     1,363       1,101  
Furniture and fixtures and leasehold improvements (5 – 7 years)     161       159  
      2,951       2,638  
Less: accumulated depreciation and amortization                                                                                    (1,824 )     (1,704 )
Property and equipment, net                                                                                  $ 1,127     $ 934  

 

Depreciation and amortization expense related to property and equipment for the three months ended June 30, 2016 and 2015 was approximately $59,000 and $76,000, respectively.  Depreciation and amortization expense related to property and equipment for the six months ended June 30, 2016 and 2015 was approximately $120,000 and $156,000, respectively.