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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

NOTE 10—PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

    Estimated
Useful Life		     As of December 31,  
    (in years)     2016      2015  
Cost:                  
Computer hardware and software     3 - 5     $ 78     $ 1,296  
Equipment     7       218       854  
Leasehold improvements     Term of lease       339       900  
              635       3,050  
Accumulated depreciation and amortization                        
Computer hardware and software             61       1,202  
Equipment             159       347  
Leasehold improvements             201       547  
              421       2,096  
Property and equipment, net           $ 214     $ 954  

 

Depreciation and amortization in respect of property and equipment amounted to $146 and $314 for 2016 and 2015, respectively.

 

Following the closing of the DSIT Transaction (see Note 3), the Company no longer consolidates the assets, liabilities or results of DSIT, but rather reports its investment in DSIT using the equity method. Accordingly, the Company no longer reports DSIT’s Property and Equipment.