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PROPERTY AND EQUIPMENT - Note 7 | 12 Months Ended
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Dec. 31, 2019
Notes To Financial Statements Abstract |
Property and equipment - Note 7 | 7. PROPERTY AND EQUIPMENT Property and equipment consists of the following (in thousands):
|  |  | December 31,
|  |  | 2019 |  |  | 2018
Production equipment |  | $ | 6,969 |  | $ | 7,124
Leasehold improvements |  |  | 913 |  |  | 909
Computer hardware and software/lab equipment |  |  | 6,165 |  |  | 6,082
Office furniture and equipment |  |  | 1,345 |  |  | 1,342
|  |  | 15,392 |  |  | 15,457
Less: Accumulated depreciation |  |  | (13,543) |  |  | (12,464)
|  | $ | 1,849 |  | $ | 2,993
Depreciation expense was $1.1 million in 2019 and $1.7 million in 2018.

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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