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

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

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



	March 31, 2015			December 31, 2014
Leasehold improvements	$	2,023		$	1,592
Furniture and fixtures	1,932			2,293
Equipment	18,079			17,593
Computer equipment	5,400			4,115
Computer software	5,862			5,950
Automobiles	286			307
Buildings	2,649			2,649
Albatross (aircraft)	425			425
Other	1,040			1,501
Total property, plant, and equipment	37,696			36,425
Accumulated depreciation	(13,292		)	(12,774		)
Property, plant, and equipment, net	$	24,404		$	23,651

Depreciation expense for property, plant, and equipment amounted to $2.0 million and $1.6 million for the three months ended March 31, 2015 and 2014 respectively.

Depreciation expense, including software amortization expense, by classification for the three months ended March 31, 2015 and 2014 is shown below (in thousands):



	Three Months Ended March 31,
	2015		2014
Depreciation expense:
Cost of sales	$	667	$	721
Sales and marketing	155		123
Product development	341		170
General and administrative	869		623
Total depreciation expense	$	2,032	$	1,637

- 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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