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

5. Property and Equipment

Property and equipment consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Furniture & fixtures

 

$

60

 

 

$

60

 

Machinery & lab equipment

 

 

534

 

 

 

282

 

Computer equipment

 

 

26

 

 

 

42

 

Leasehold improvements

 

 

20

 

 

 

-

 

Less accumulated depreciation and amortization

 

 

(249

)

 

 

(147

)

Property and equipment, net

 

$

391

 

 

$

237

 

 

Depreciation expense related to property and equipment was approximately $118,000 and $72,000 for the years ended December 31, 2022 and 2021, respectively. During the year ended December 31, 2022, the Company disposed of fully depreciated property and equipment totaling approximately $16,000. There were no dispositions of property and equipment for the year ended December 31, 2021. No material gains or losses on the disposal of property and equipment have been recorded for the years ended December 31, 2022 or 2021.