Fixed Assets (Tables)

6 Months Ended

Jun. 30, 2020

Fixed Assets

Schedule of Fixed Assets

Fixed assets are recorded based on acquisition cost and, once placed in service, are depreciated on the straight-line method over their estimated economic useful lives. Leasehold improvements are accreted over the shorter of the estimated economic life or related lease term. Fixed assets consist of the following:

	Estimated	December 31,						June 30,
	Useful Lives in Years	2019		Additions		Disposals		2020
Leasehold improvements	10	$	6,075,000	$	—	$	—	$	6,075,000
Manufacturing facility/clean room	3 - 8		3,081,000		—		—		3,081,000
Lab equipment	5 - 8		1,137,000		—		—		1,137,000
Office furniture and equipment	5 - 10		520,000		—		—		520,000
Less accumulated depreciation and amortization			(6,065,000)		(591,000)		—		(6,656,000)
Fixed assets, net		$	4,748,000	$	(591,000)	$	—	$	4,157,000

Schedule Of Depreciation expense

Depreciation and amortization expense for the respective periods is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Depreciation and amortization expense	$	296,000	$	330,000	$	591,000	$	655,000