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Property and Equipment, Net
3 Months Ended
Mar. 31, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

4. PROPERTY AND EQUIPMENT, NET

Property and equipment as of March 31, 2021 consisted of the following (in thousands):

 

 

March 31,

 

 

 

2021

 

Equipment

 

$

65

 

Total property and equipment

 

 

65

 

Less: accumulated depreciation

 

 

(2

)

Property and equipment, net

 

$

63

 

Depreciation expense for the three months ended March 31, 2021 was $2,000. The Company had no property and equipment as of December 31, 2020.