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, 2014

Property, Plant and Equipment [Abstract]

At June 30, 2014 and December 31, 2013, property, plant, and equipment, net consisted of the following (in thousands):



	June 30, 2014			December 31, 2013
Leasehold improvements	$	1,084		$	1,272
Furniture and fixtures	1,659			1,590
Equipment	16,254			15,362
Computer equipment	4,301			3,905
Computer software	4,602			2,985
Automobiles	224			297
Buildings	2,679			2,649
Albatross (aircraft)	425			385
Other	257			12
Total property, plant, and equipment	31,485			28,457
Accumulated depreciation	(9,506		)	(7,660		)
Property, plant, and equipment, net	$	21,979		$	20,797

Depreciation expense for property, plant, and equipment amounted to $1.7 million and $0.7 million for the three months ended June 30, 2014 and 2013, respectively, and $3.3 million and $1.3 million for the six months ended June 30, 2014 and 2013, respectively.

Depreciation expense, including software amortization expense, by classification for the three and six months ended June 30, 2014 and 2013 is shown below (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Depreciation expense:
Cost of sales	$	911	$	382	$	1,631	$	710
Sales and marketing	114		—		237		—
Product development	153		—		323		—
General and administrative	520		320		1,142		588
Total depreciation expense	$	1,698	$	702	$	3,333	$	1,298

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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