Quarterly report pursuant to Section 13 or 15(d)

Leasehold Improvements and Equipment

v3.22.2
Leasehold Improvements and Equipment
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Leasehold Improvements and Equipment

Note 6 – Leasehold Improvements and Equipment

 

Leasehold improvements and equipment, summarized by major category, consist of the following as of June 30, 2022 and December 31, 2021:

 

    June 30, 2022     December 31, 2021  
Equipment   $ 2,020     $ 1,640  
Leasehold improvements     1,155       935  
Total     3,175       2,575  
Less: accumulated depreciation and amortization     1,192       1,037  
Leasehold improvements and equipment, net   $ 1,983     $ 1,538  

 

Depreciation and amortization expense for the three and six months ended June 30, 2022 was $86 thousand and $155 thousand, respectively, and for the three and six months ended June 30, 2021 was $59 thousand and $117 thousand, respectively. During the six months ended June 30, 2022 the Company purchased leasehold improvements of $220 thousand, and equipment of $380 thousand. The Company did not purchase any leasehold improvements and equipment during the three and six months ended June 30, 2021.