Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.22.2.2
Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment are recorded at cost and depreciated over the estimated useful lives of the underlying assets (three to five years) using the straight-line method. As of June 30, 2022, and December 31, 2021, property and equipment consists of (in thousands):

 

                 
    June 30, 2022     December 31, 2021  
Lab equipment   $ 1,557     $ 1,557  
Finance lease right-of-use lab equipment     194       194  
Computer and office equipment     131       131  
Total property and equipment     1,882       1,882  
Less: accumulated depreciation and amortization     (1,519 )     (1,429 )
Property and equipment, net   $ 363     $ 453