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Property And Equipment
 12 Months Ended
Dec. 31, 2022
Property And Equipment [Abstract]  
Property And Equipment 5. Property and Equipment

The components of property and equipment, net, as of December 31, 2022 and 2021 were as follows (in thousands):

December 31,

2022

2021

Land

$

3,734 

$

3,734 

Buildings

15,980 

15,980 

Site improvements

470 

470 

Tenant improvements

3,016 

567 

Furniture and equipment

851 

178 

Construction in progress

13 

83 

Gross property and equipment

$

24,064 

$

21,012 

Accumulated depreciation

(1,200)

(396)

Property and equipment, net

$

22,864 

$

20,616 

Depreciation expense for property and equipment was $804,000, $310,000 and $22,000 for the years ended December 31, 2022, 2021 and 2020, respectively. 

There were no sales of property and equipment during the years ended December 31, 2022 and 2021.

During the year ended December 31, 2020, the Company sold surplus manufacturing equipment to an independent third party and received proceeds totaling $360,000. The original cost of the property and equipment was $892,000 and accumulated depreciation was $878,000, resulting a gain on sale of property and equipment of $346,000 during the year ended December 31, 2020.