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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2020
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

3. PROPERTY AND EQUIPMENT

 

Property and equipment, net consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

(In thousands)

    

2020

    

2019

 

Computer software and hardware

 

$

40

 

$

131

 

Research and lab equipment

 

 

520

 

 

520

 

Leasehold improvements

 

 

66

 

 

66

 

Property and equipment

 

 

626

 

 

717

 

Less accumulated depreciation

 

 

(541)

 

 

(644)

 

Property and equipment, net

 

$

85

 

$

73

 

 

Depreciation expense for the years ended December 31, 2020 and 2019, was $29 thousand, and $39 thousand, respectively. Maintenance and repairs are charged to expense as incurred and any additions or improvements are capitalized.

 

During the year ended December 31, 2020, the Company wrote off $132 thousand of fully depreciated computer software and hardware assets that were no longer in use. The Company did not write off any assets during the year ended December 31, 2019.