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Fixed Assets
6 Months Ended
Jun. 30, 2022
Assets [Abstract]  
Fixed Assets
5.
Fixed Assets

Fixed assets, net consisted of the following:

 

 

 

 

 

June 30,

 

 

December 31,

 

 

 

Useful Life

 

2022

 

 

2021

 

 

 

 

 

(in thousands)

 

Computer equipment

 

5 years

 

$

66

 

 

$

66

 

Lab equipment

 

5 years

 

 

1,192

 

 

 

1,092

 

Furniture and fixtures

 

7 years

 

 

456

 

 

 

456

 

Leasehold improvements

 

lease term

 

 

31

 

 

 

31

 

 

 

 

 

 

1,745

 

 

 

1,645

 

Less: Accumulated depreciation

 

 

 

 

(759

)

 

 

(596

)

 

 

 

 

$

986

 

 

$

1,049

 

 

Depreciation expense during the three and six months ended June 30, 2022 was $0.1 million, respectively. Depreciation expense during the three and six months ended June 30, 2021 was $0.1 million and $0.2 million, respectively.