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Property and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

6. Property and Equipment

 

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

 

   December 31, 2023  December 31, 2022
Equipment  $4,269   $4,393 
Leasehold improvements   2,911    2,692 
Construction in process   -    204 
Gross property and equipment   7,180    7,289 
Less: Accumulated depreciation   (3,876)   (3,458)
Net property and equipment  $3,304   $3,831 

 

 

The Company retired approximately $0.2 million of fully depreciated assets during the years ended December 31, 2023 and 2022. The Company had less than $0.1 million and approximately $1.2 million of property and equipment additions during the year ended December 31, 2023 and 2022, respectively, associated with the buildout of the new leased space in St. Louis, Missouri.