Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

v3.23.1
Property and Equipment, Net (Tables)
 3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

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

  

  Useful Life   March 31,     December 31,  
  (Years)   2023     2022  
Machinery and equipment   3 - 10   $ 1,478     $ 973  
Office furniture and equipment   3 - 10     158       59  
Leasehold improvements   6     233       228  
Construction in progress   N/A     35       55  
Property and equipment, gross       1,904       1,315  
Less: accumulated depreciation and amortization       (622)       (594)  
Property and equipment, net       $ 1,282     $ 721