Quarterly report pursuant to Section 13 or 15(d)

Leasehold Improvements and Equipment

v3.23.2
Leasehold Improvements and Equipment
 6 Months Ended
Jun. 30, 2023
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, 2023 and December 31, 2022:

 

    June 30, 2023     December 31, 2022  
Equipment   $ 2,507     $ 2,305  
Leasehold improvements     1,155       1,155  
Total     3,662       3,460  
Less: accumulated depreciation and amortization     1,559       1,369  
Leasehold improvements and equipment, net   $ 2,103     $ 2,091  

 

Depreciation and amortization expense for the three and six months ended June 30, 2023 was $97 and $190, respectively, and the three and six months ended June 30, 2022 was $86 and $155, respectively. During the six month periods ended June 30, 2023 and 2022, the Company purchased equipment of $202 and $600, respectively.