FIXED ASSETS

9 Months Ended

Sep. 30, 2022

FIXED ASSETS

FIXED ASSETS

6.        FIXED ASSETS

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

	September 30,		December 31,
(In thousands)	2022		2021
Computer software	$	7	$	5
Computer hardware		65		52
Leasehold improvements		66		66
Research and lab equipment		707		580
Property and equipment		845		703
Less accumulated depreciation		(616)		(576)
Property and equipment, net	$	229	$	127

Depreciation expense for the three and nine months ended September 30, 2022 was $14 thousand and $40 thousand, respectively. Depreciation expense for the three and nine months ended September 30, 2021 was $9 thousand and $26 thousand, respectively. Maintenance and repairs are charged to expense as incurred and any additions or improvements are capitalized.