Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.22.1
Property and Equipment, Net
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 7: Property and Equipment, Net

 

The Company has property and equipment as follows (in thousands):

               
    March 31, 2022     December 31, 2021  
Furniture and Equipment   $ 191     $ 181  
Computer Equipment     178       173  
Leasehold Improvements     73       44  
Software     194       177  
Production Equipment     22       23  
Property and Equipment, Gross     658       598  
Less Accumulated Depreciation     (186 )     (149 )
Property and Equipment, Net   $ 472     $ 449  

 

During the three months ended March 31, 2022 and 2021, the Company recorded depreciation expense of $37,051 and $14,562, respectively.