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Other Financial Statement Details
12 Months Ended
Dec. 31, 2022
Other Financial Statement Details Disclosure [Abstract]  
Other Financial Statement Details

Note 5. Other Financial Statement Details

Property and Equipment, Net

Property and equipment are summarized in the following table (in thousands):

 

 

 

December 31,
2022

 

 

December 31,
2021

 

Computer hardware

 

$

72

 

 

$

72

 

Furniture and fixtures

 

 

29

 

 

 

29

 

 

 

 

101

 

 

 

101

 

Less accumulated depreciation and amortization

 

 

(75

)

 

 

(68

)

Total

 

$

26

 

 

$

33

 

 

Depreciation expense was approximately $20,000 and $19,000 for the years ended December 31, 2022 and December 31, 2021, respectively.

 

Intangible Assets, Net

Intangible assets consist of the following (in thousands):

 

 

 

December 31, 2022

 

 

December 31, 2021

 

 

 

Amount

 

 

Accumulated
Amortization

 

 

Net
Amount

 

 

Amount

 

 

Accumulated
Amortization

 

 

Net
Amount

 

Patents and merger costs

 

$

22,003

 

 

$

(11,310

)

 

$

10,693

 

 

$

22,003

 

 

$

(9,366

)

 

$

12,637

 

 

Future amortization expense for intangible assets over their remaining useful lives is as follows (in thousands):

 

Year ending December 31

 

Patents and
trademarks

 

2023

 

 

1,944

 

2024

 

 

1,944

 

2025

 

 

1,944

 

2026

 

 

1,944

 

2027 and thereafter

 

 

2,917

 

Total

 

$

10,693

 

 

Amortization expense was $1.9 million for the year ended December 31, 2022 and 2021.