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Property and Equipment
3 Months Ended
Mar. 31, 2023
Property Plant And Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

Property and equipment, net consisted of the following (in thousands):

 

 

March 31,
2023

 

 

December 31, 2022

 

Computers and software

 

$

26

 

 

$

26

 

Office furniture and equipment

 

 

15

 

 

 

15

 

Laboratory equipment

 

 

233

 

 

 

251

 

Leasehold improvements

 

 

57

 

 

 

57

 

 

 

 

331

 

 

 

349

 

Less accumulated depreciation and amortization

 

 

(188

)

 

 

(180

)

Property and equipment, net

 

$

143

 

 

$

169

 

 

Depreciation expense was $15 thousand and $21 thousand for the three months ended March 31, 2023 and 2022, respectively. During the three months ended March 31, 2023, the Company sold property and equipment for $11 thousand and recognized an immaterial gain on sale of assets.