Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.20.2
Property and Equipment, Net
 9 Months Ended
Sep. 30, 2020
Property and Equipment, Net  
Property and Equipment, Net

7.    Property and Equipment, Net

 

Property and equipment consist of the following ($ in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

Useful Life

    

September 30, 

    

December 31, 

 

 

(Years)

 

2020

 

2019

Machinery and equipment

 

3 - 10

 

$

2,894

 

$

2,893

Office furniture and equipment

 

3 - 10

 

 

49

 

 

49

Leasehold improvements

 
6

 

 

228

 

 

228

Construction in progress

 

N/A

 

 

301

 

 

150

​

 

 

 

 

3,472

 

 

3,320

Less: accumulated depreciation and amortization

 

 

 

 

(3,069)

 

 

(3,038)

Property and equipment, net

 

  

 

$

403

 

$

282

 

Depreciation and amortization expense for the nine months ended September 30, 2020 and 2019 was $31 thousand and $53 thousand, respectively.