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Property and Equipment, Net
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

6. Property and Equipment, Net

 

Property and equipment consist of the following ($ in thousands):

  

  Useful Life  March 31,   December 31, 
  (Years)   2023    2022 
Machinery and equipment  3 - 10  $1,478   $973 
Office furniture and equipment  3 - 10   158    59 
Leasehold improvements  6   233    228 
Construction in progress  N/A   35    55 
Property and equipment, gross     1,904    1,315 
Less: accumulated depreciation and amortization     (622)    (594) 
Property and equipment, net     $1,282   $721 

 

Depreciation expense for the three months ended March 31, 2023 and 2022 was $27 thousand and $25 thousand, respectively.