Quarterly report pursuant to Section 13 or 15(d)

Fixed Assets

v3.20.2
Fixed Assets
9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Fixed Assets

NOTE 8 - FIXED ASSETS

 

Fixed assets are stated at cost, less accumulated depreciation and amortization, and are summarized as follows:

 

    December 31, 2019     September 30, 2020  
              (Unaudited)  
Installed products   $ 3,180     $ 1,718  
Computer software     5,635       5,665  
Computer and electronic equipment     6,231       4,621  
Furniture and fixtures     1,364       1,626  
Leasehold improvements     641       990  
                 
      17,051       14,620  
Accumulated depreciation and amortization     (8,811 )     (7,195 )
                 
    $ 8,240     $ 7,425  

 

Depreciation and amortization expense of fixed assets for the three- and nine-month periods ended September 30, 2019 was $194 and $573, respectively, and for the three- and nine-month periods ended September 30, 2020 was $777 and $2,163, respectively. This includes amortization of costs associated with computer software for the three- and nine-month periods ended September 30, 2019 of $131 and $397, respectively, and for the three- and nine-month periods ended September 30, 2020 of $128 and $389, respectively.