Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.1
Property and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment

3. Property and Equipment

 

Property and equipment as of December 31, consists of the following (table in thousands):

    2021     2020  
Lab equipment (excluding equipment under finance leases)   $ 1,557     $ 1,498  
Finance lease right-of-use lab equipment obtained in exchange for finance lease liabilities, net     194       92  
Computer and office equipment     131       120  
Total property and equipment     1,882       1,710  
Less accumulated depreciation     (1,429 )     (1,119 )
Property and equipment, net   $ 453     $ 591  

 

Depreciation expense was $190,000 and $157,000 for the years ended December 31, 2021 and 2020, respectively.