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PROPERTY AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 4 - PROPERTY AND EQUIPMENT, NET

 

As of June 30, 2023 and December 31, 2022, property and equipment consist of the following (in thousands):

  

   June 30,
2023		   December 31, 2022 
         
Furniture and equipment  $1,309   $1,265 
Leasehold improvements   2,479    2,479 
Construction in progress   1,140    948 
Molds   392    143 
Gross property and equipment   5,320    4,835 
Less accumulated depreciation   (2,053)   (1,753)
           
Net Property and equipment  $3,267   $3,082 

 

Leasehold improvements relate to the Vivos Institute (the Company’s 15,000 square foot facility where the Company provides advanced post-graduate education and certification to dentists, dental teams, and other healthcare professionals in a live and hands-on setting) and the two Company-owned dental centers in Colorado. Total depreciation and amortization expense was $0.1 million and $0.2 million for the three months ended June 30, 2023 and 2022, respectively, and $0.3 million for the six months ended June 30, 2023 and 2022.