MAVENIR SYSTEMS INC | 2013 | FY | 3


4. Property and Equipment

The following table presents the detail of property and equipment for the periods presented (in thousands):

 

     Estimated
Useful Life
   December 31,  
        2013     2012  

Computer software

   3 years    $ 5,046      $ 4,540   

Computer and lab equipment

   3 years      8,917        7,770   

Other equipment

   2-5 years      1,468        1,578   
     

 

 

   

 

 

 

Property and equipment, gross

        15,431        13,888   

Less: accumulated depreciation

        (10,377     (7,969
     

 

 

   

 

 

 

Property and equipment, net

      $ 5,054      $ 5,919   
     

 

 

   

 

 

 

Property and equipment depreciation expense totaled $2.5 million, $1.5 million, and $0.9 million, for the years ended December 31, 2013, 2012, and 2011.


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