FIXED ASSETS

3 Months Ended

Mar. 31, 2022

FIXED ASSETS

FIXED ASSETS

6.        FIXED ASSETS

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

	March 31,		December 31,
(In thousands)	2022		2021
Computer hardware	$	52	$	52
Computer software		5		5
Research and lab equipment		606		580
Leasehold improvements		66		66
Property and equipment		729		703
Less accumulated depreciation		(589)		(576)
Property and equipment, net	$	140	$	127

Depreciation expense for the three months ended March 31, 2022 and 2021 was $13 thousand and $9 thousand, respectively. Maintenance and repairs are charged to expense as incurred and any additions or improvements are capitalized.