FIXED ASSETS

6 Months Ended

Jun. 30, 2021

FIXED ASSETS

FIXED ASSETS

6.        FIXED ASSETS

Property, equipment, and leasehold improvements, net consisted of the following:

	June 30,		December 31,
(In thousands)	2021		2020
Computer software and hardware	$	40	$	40
Research and lab equipment		520		520
Leasehold improvements		66		66
Property and equipment		626		626
Less accumulated depreciation		(558)		(541)
Property and equipment, net	$	68	$	85

Depreciation expense for the three and six months ended June 30, 2021 was $8 thousand and $17 thousand, respectively. Depreciation expense for the three and six months ended June 30, 2020, was $7 thousand and $14 thousand, respectively. Maintenance and repairs are charged to expense as incurred and any additions or improvements are capitalized.