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, 2015

Property, Plant and Equipment [Abstract]

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



	June 30, 2015			December 31, 2014
Leasehold improvements	$	2,151		$	1,592
Furniture and fixtures	1,965			2,293
Equipment	18,705			17,593
Computer equipment	5,579			4,115
Computer software	6,746			5,950
Automobiles	246			307
Building	2,649			2,649
Albatross (aircraft)	425			425
Construction in progress	2,295			1,501
Total property, plant, and equipment	40,761			36,425
Accumulated depreciation	(15,093		)	(12,774		)
Property, plant, and equipment, net	$	25,668		$	23,651

Depreciation expense for property, plant, and equipment amounted to $2.2 million and $1.7 million for the three months ended June 30, 2015 and 2014, respectively, and $4.2 million and $3.3 million for the six months ended June 30, 2015 and 2014, respectively.

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



	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014

Cost of sales	$	670	$	911	$	1,337	$	1,631
Sales and marketing	251		114		403		237
Product development	326		153		669		323
General and administrative	927		520		1,798		1,142
Total depreciation expense	$	2,174	$	1,698	$	4,207	$	3,333