Anuvu Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment, net

Property, Plant, and Equipment, net

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

At September 30, 2015 and December 31, 2014, property, plant, and equipment, net consisted of the following (in thousands):



	September 30, 2015			December 31, 2014
Leasehold improvements	$	3,787		$	1,592
Furniture and fixtures	2,080			2,293
Equipment	21,142			17,593
Computer equipment	6,134			4,115
Computer software	8,476			5,950
Automobiles	256			307
Building	2,649			2,649
Albatross (aircraft)	425			425
Satellite transponder	6,000			—
Other	1,489			1,501
Total property, plant, and equipment	52,438			36,425
Accumulated depreciation	(17,241		)	(12,774		)
Property, plant, and equipment, net	$	35,197		$	23,651

Depreciation expense for property, plant, and equipment amounted to $2.2 million and $1.8 million for the three months ended September 30, 2015 and 2014, respectively, and $6.4 million and $5.2 million for the nine months ended September 30, 2015 and 2014, respectively.

Depreciation expense, including software amortization expense, by classification for the three and nine months ended September 30, 2015 and 2014 is shown below (in thousands):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014

Cost of sales	$	648	$	567	$	1,985	$	2,197
Sales and marketing	219		163		622		377
Product development	353		295		1,021		580
General and administrative	1,007		809		2,805		2,016
Total depreciation expense	$	2,227	$	1,834	$	6,433	$	5,170