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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 5—PROPERTY AND EQUIPMENT, NET

 

Property and equipment consists of the following:

 

  

Estimated

Useful Life

(in years)

  As of December 31, 
      2022   2021 
      (in thousands) 
Cost:             
Computer hardware and software  3 - 5  $864   $625 
Equipment  7   155    154 
Leasehold improvements  Term of lease   355    346 
Intangible asset  Patent term   20    11 
       1,394    1,136 
Accumulated depreciation and amortization             
Computer hardware and software      247    128 
Equipment      151    151 
Leasehold improvements      343    340 
Intangible asset      *    * 
       741    619 
Property and equipment, net     $653   $517 

 

* less than $1,000

 

 

Depreciation and amortization in respect of property and equipment amounted to $122,000 and $75,000 for 2022 and 2021, respectively.