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Note 7 - Property and Equipment
 12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

NOTE 7. PROPERTY AND EQUIPMENT 

 

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

 

  

December 31,

  

December 31,

 
  

2022

  

2021

 

Office and laboratory equipment

 $20  $20 

Furniture and fixtures

  157   157 

Computer equipment and software

  412   464 

Production equipment

  —   114 

Leasehold improvements

  152   79 

Total property and equipment, at cost

  741   834 

Less: accumulated depreciation

  (622

)

  (641

)

Total property and equipment, net

 $119  $193 

 

Depreciation expense was $120 thousand and $59 thousand for the years ended December 31, 2022 and 2021, respectively.

 

During the years ended December 31, 2022, and 2021, the Company disposed of damaged, unusable and fully depreciated property and equipment with cost of approximately $68 thousand and $12 thousand, respectively. As a result, the Company recognized an immaterial loss on the disposal of these assets in the consolidated statements of operation for such periods.

 

During the year ended December 31, 2022, the Company recognized a long-lived asset impairment loss in connection with the DERMAdoctor business impairment. As such, the Company has recorded an impairment charge in the year ended December 31, 2022, of $66 thousand, net for property, plant and equipment which is reflected in the general and administrative caption in the Company’s consolidated statements of operations. The impairment information is discussed in Note 2, “Summary of Significant Account Policies”.