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

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

At June 30, 2013 and December 31, 2012, property, plant, and equipment, net consisted of the following (in thousands):



	June 30, 2013			December 31, 2012
Leasehold improvements	$	810		$	370
Furniture and fixtures	929			526
Equipment	12,615			5,942
Computer equipment	2,372			981
Computer software	1,701			155
Automobiles	145			37
Buildings	209			—
Albatross (aircraft)	385			385
Other	10			—
Total property, plant, and equipment	19,176			8,396
Accumulated depreciation	(5,077		)	(3,757		)
Property, plant, and equipment, net	$	14,099		$	4,639

Depreciation expense for property, plant, and equipment amounted to $0.7 million and $1.3 million for the three and six months ended June 30, 2013, respectively and $0.3 million and $0.5 million during the three and six months ended June 30, 2012, respectively.

Depreciation expense, including software amortization expense, by classification for the three and six months ended June 30, 2013 and 2012 is shown below (in thousands):



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Depreciation expense:
Cost of sales	$	382	$	—	$	710	$	—
General and administrative	320		253		588		492
Total depreciation expense	$	702	$	253	$	1,298	$	492

- 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.

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