Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.20.4
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

5. Property and Equipment

 

Property and equipment consisted of the following:

 

    Year ended December 31,  
    2020     2019  
    ($ in thousands)  
Computer equipment   $ 5,496     $ 2,906  
Office furniture and equipment     1,781       1,146  
Transportation equipment     922       806  
Leasehold improvements     954       932  
Assets not placed in service     909       1,004  
Total property and equipment     10,062       6,794  
Less accumulated depreciation     (5,141 )     (3,886 )
Property and equipment – net   $ 4,921     $ 2,908  

 

Depreciation expense was approximately $1.4 million and $909,000 for the years ended December 31, 2020 and 2019, respectively.