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Property and Equipment, Net
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

5. Property and Equipment, Net

 

Property and equipment, net consisted of the following at September 30, 2022 and December 31, 2021 (dollars in thousands):

  

  

September 30,

2022

 

December 31,

2021

Laboratory equipment  $1,838   $1,838 
Leasehold improvements   664    602 
Computer equipment   292    304 
Office furniture and equipment   216    217 
Capital in progress   5    -   
Total property and equipment   3,015    2,961 
Less accumulated depreciation and amortization   (2,750)   (2,640)
Property and equipment, net  $265   $321 

 

Depreciation and amortization expense for the nine months ended September 30, 2022 and 2021 was $123 and $134, respectively. During the nine months ended September 30, 2022, the Company disposed of certain fixed assets with immaterial gross costs and accumulated depreciation.