December 31,  
    2019     2018  
             
Cost:                
Computers and peripheral equipment   $ 55     $ 55  
Office furniture and equipment     3       3  
                 
Total cost     58       58  
Accumulated depreciation:                
                 
Less accumulated depreciation     (54 )     (50 )
                 
Depreciated cost   $ 4     $ 8  

Historical Timeline

Fiscal YearFiled
2019May 20, 2020Showing above
2018Apr 15, 2019
2017Mar 29, 2018
2016Mar 31, 2017
2015Mar 30, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.