Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.21.2
Property and Equipment, Net
6 Months Ended
Jun. 30, 2021
Property and Equipment, Net  
Property and Equipment, Net

7.    Property and Equipment, Net

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

    

Useful Life

    

June 30, 

    

December 31, 

(Years)

2021

2020

Machinery and equipment

3 - 10

$

940

$

2,894

Office furniture and equipment

 

3 - 10

 

49

 

49

Leasehold improvements

 

6

 

228

 

228

Construction in progress

N/A

461

 

 

1,217

 

3,632

Less: accumulated depreciation and amortization

 

 

(446)

 

(3,079)

Property and equipment, net

 

  

 

$

771

 

$

553

Depreciation and amortization expense for the six months ended June 30, 2021 and 2020 was $49 thousand and $21 thousand, respectively.