Quarterly report pursuant to Section 13 or 15(d)

Property & Equipment, Net

v3.22.2.2
Property & Equipment, Net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property & Equipment, Net

Note 4 - Property & Equipment, Net

 

Property and equipment, net, consists of the following (in thousands):

 

    June 30,     December 31,  
    2022     2021  
    (Unaudited)        
Equipment   $ 1,219     $ 1,013  
Computers     52       37  
Leasehold improvements     177       28  
Total     1,448       1,078  
Less accumulated depreciation and amortization     (356 )     (183 )
Property and equipment, net   $ 1,092     $ 895  

 

Depreciation expense for the three months ended June 30, 2022 and 2021 was $68,000 and $19,000, respectively. Depreciation expense for the six months ended June 30, 2022 and 2021 was $121,000 and $35,000, respectively.