Note 7 - Property and Equipment |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment Disclosure [Text Block] | 7. Property and EquipmentProperty and equipment is stated at cost and consists of the following:
The Construction in progress asset as of December 31, 2016 increased in comparison to December 31, 2015 primarily as a result of increased capital purchases associated with the Company’s Bedford, Massachusetts headquarters and manufacturing facility. This is part of the Company’s on-going project to establish additional manufacturing capabilities at the Bedford, Massachusetts facility to manufacture our HYAFF-based products, which were previously manufactured by a third party in Italy. The Construction in progress asset will be depreciated once it goes into production.Depreciation expense was $2.7 million, $2.7 million, and $2.6 million for the years ended December 31, 2016, 2015, and 2014, respectively. |