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

Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, & Equipment, net

Property, Plant, & Equipment, net

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant, & Equipment, net

Property, Plant, and Equipment, net

At March 31, 2013 and December 31, 2012, property, plant, and equipment, net consisted of the following:



(in thousands)	March 31, 2013			December 31, 2012
Leasehold improvements	$	493		$	370
Furniture and fixtures	933			526
Equipment	6,876			5,942
Computer equipment	2,226			981
Computer software	901			155
Automobiles	153			37
Buildings	210			—
Albatross (aircraft)	385			385
Other	7			—
Total property, plant, and equipment	12,184			8,396
Accumulated depreciation	(4,277		)	(3,757		)
Property, plant, and equipment, net	$	7,907		$	4,639

Depreciation expense for property, plant, and equipment amounted to $0.5 million and $0.2 million during the three months ended March 31, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details