Annual report pursuant to Section 13 and 15(d)

9. Property And Equipment

v3.6.0.2
9. Property And Equipment
12 Months Ended
Dec. 31, 2016
Pro forma financial information  
9. Property And Equipment

At December 31, 2016 and 2015, property and equipment is comprised of the following:

 

  2016   2015
Computer equipment and software           5,868,370               7,290,577
Customer premise equipment           9,695,643               9,121,788
Vehicles                55,884                    55,884
Leasehold improvements           1,188,207               1,073,631
Assets in progress              383,137                  190,749
Total         31,329,398             25,900,558
Less: accumulated depreciation       (17,080,483)           (11,845,065)
Total  $     14,248,915    $       14,055,493
       

 

Depreciation expense was $7.5 million and $5.5 million for the years ended December 31, 2016 and 2015, respectively. For the years ended December 31, 2016 and 2015, $3.2 million and $3.0 million, respectively, of the Company’s property and equipment were financed under capital leases.